This study was conducted to evaluate the effects of volatile organic compounds and formaldehyde of newly-built school classroom indoor air on the neurobehavioral functions of students. The elementary schools that were opened in September 2008(as of September 2008) was selected for newly-built school and the elementary school that were opened in March 2006 was selected for control group schools. The concentration of formaldehyde(HCHO), a hazardous organic compound that exists in the air of classrooms, exceeded the standard value of $108.2{mu}g/m^3$ in newly-built schools while it was $60.8{mu}g/m^3$ in control group schools, which is around 60% of the standard concentration. However, the concentration of the total volatile organic compounds(TVOCs) was $788.9{mu}g/m^3$ and $756.1{mu}g/m^3$ in newly-built schools and control group schools respectively, which are approximately two times higher than the standard concentration. In newly-built schools, the mean reaction time of additions and symbol digit, respectively 3,020ms and 2,398ms in pre-exposure were increased to 3,167ms and 2,514ms respectively in post-exposure. The difference of mean reaction time between pre and post exposure was 146.8 ms, or 4.6%, and 116.7ms, or 4.8%, respectively, showing statistically-significant increase of reaction time(p<0.05). On the contrary, the difference of reaction time of both tests were not statistically significant in the control group schools. These results showed that the neurobehavioral performance of newly-built schools students were affected by volatile organic compounds and formaldehyde of classroom indoor air.