The paper presents the results of research of fear of success in Polish students. The subjects were 208 university students of psychology, pedagogy, political science and physical education at the School of Physical Education. The projective method by Horner (1972, 1978) was used. The analysed variables were: sex, study major, average marks, locus of control, Machiavellianism, masculinity and femininity. Fear of success was observed in more than half of the investigated students - more frequently in men (62%) than in women (48%). In men the fear of success occurred more frequently and intensely. In the multiple regression analyses showed that sex (male) and Machiavellianism are predictors of the fear of success. The fear of success occurred the least frequently in the students of physical education.