College students are unable to meet their basic needs (food, housing, utilities, etc.) at greater rates than the general adult population of the United States. When students lack enough to eat and/or are unable to secure safe, stable housing, they often face tolls to their psychological and physical health. Additionally, compared to peers who are basic needs secure, students struggling with basic needs insecurities often encounter adverse academic outcomes, including poor grades, enrollment disruptions, academic dismissal, or suspension, etc. Even in a non-pandemic academic setting, these challenges can severely complicate a student's ability to focus on schoolwork and being academically successful. Unfortunately, research suggests the pandemic has exacerbated instances of basic needs insecurity among college students, especially among vulnerable groups. This brief examines data from 20,095 students with one or more forms of basic needs insecurity (BNI) (i.e., food insecurity, housing insecurity, homelessness) from Trellis' Fall 2020 Student Financial Wellness Survey (SFWS) with a special lens on their mental health. With more than one-third of all postsecondary students experiencing mental health challenges before the onset of the COVID-19 pandemic, and many more living with food and housing insecurity, having a full understanding of students' lived experiences during the past year is critical. [For "Student Financial Wellness Survey: Fall 2020 Semester Results. National Aggregate Report," see ED616426.]