The purpose of this study was to explore student preferences regarding reading print materials or online reading materials for academic purposes, as well as to examine how students adapt traditional reading strategies such as underlining, highlighting, and taking marginal notes when reading electronic texts. A total of 61 participants (32 undergraduate and 29 graduate) completed a survey between March 2011 and March 2013. The results indicate that for academic readings the majority of students prefer to read paper based texts because it is easier to take notes, it is easier on the eyes, they are in the habit of reading paper documents, they have a better spacial understanding of where they are in the text, and there are less distractions when reading paper documents. When students do read academic texts electronically, the most common reading strategy employed for retaining information is to take notes on a separate piece of paper. Students claimed that the online reading and note-taking process could be improved with better software that was easier to use. The Online Reading Strategies Survey and tables are appended.