This study examines current exercise habits and perceived benefits and barriers to exercise in a sample of 147 undergraduate university students. It found a significant relationship between perceived benefits and barriers to exercise and current exercise habits. Benefits most often associated with regular exercise habits relate to physical performance and appearance. Barriers most often associated with sporadic or nonexistent exercise habits relate to physical exertion and time constraints. A greater understanding of perceived benefits and barriers to exercise may assist health care providers and educators to establish methods for promoting exercise for the improved physical and mental health of a college-age population.