This article presents research data indicating that life meaning serves as an indicator of students' psychological health. The theoretical and methodological foundations of the study include B.S. Bratus' theory of three levels of psychological health, V.A. Ponomarenko's concept regarding the importance of individuals finding meaning in their existence within the context of psychological health, as well as the theories of psychological health by A. Maslow and A. Antonovsky, and the theories on life meaning by Frankl, Bühler, and Adler. The study utilized A.V. Kozlov's methodology "Individual Model of Psychological Health" and D.A. Leontiev's method "Orientation to Life Meaning," conducted among 60 third-year students, with results analyzed accordingly. A.V. Kozlov's methodology allowed for the identification of indicators across 8 vectors, while D.A. Leontiev's method identified indicators across 5 scales. The results of the experimental study underwent quantitative analysis. The practical significance of the research lies in its potential to serve as a foundation for further in-depth studies, as well as for developing psychological support programs within educational and developmental processes.