This paper describes the results of a study that examined College of Business and College of Education students' conceptions of the term "Spiritual Capital." Participants (N = 56) consisted of students at a public Midwestern university in the United States. Results found that almost half of the participants considered spiritual capital to represent a concept related to spirituality. Participants also mentioned values, religion, economics, or broader society in their definitions, though other participants acknowledged their uncertainty regarding the term. Results of Chi-Square tests and Fisher's exact test indicated no significant relationship between participants' major and any of the coding categories used.