The aim of this study was to examine the effect of procrastination on students' life satisfaction among a group of college students. In this regard, Tuckman Procrastination Scale and Satisfaction with Life Scale were administered to 314 (214 female, 100 male) college students. The average age of the participants was 20.76 (SD = 1.97) with an age range between 17 and 27. The results of the preliminary analysis showed that 38 % (119) of the students claimed to be frequent procrastinator, with male students reporting more frequent procrastination than female students do. Results of the ANOVA yielded a significant difference for academic procrastination level on satisfaction with life score. Specifically, procrastinators reported to have lower life satisfaction score than do non-procrastinators.