The study examines the relationship between causal attributions and objective and subjective evaluation of success and failure. A total of 224 university students, consisting of 98 honors students and 136 students on probation, completed a questionnaire which assessed respondents' causal attributions of their success or failure to ability, effort, task, luck, or other people. Students were also asked to subjectively evaluate their level of achievement as being a success or failure. The results indicate that for objective criterion, honor students were more likely to attribute their success to effort when compared to students on probation. On subjective criterion, those students who evaluated their level of achievement as being successful were more likely to attribute it to ability. In contrast, those students who felt their achievement to be a failure were more likely to attribute it to a lack of effort.