Mental health literacy (MHL) is a significant component in understanding mental health disparities in vulnerable populations. Due to the unique structure and pressures of American college sport, attention to student-athletes’ MHL is critical, especially now that the National Collegiate Athletic Association (NCAA) is requiring member institutions to offer mental health services to their athletes. Utilizing online surveys of both athletes ( N = 205) and non-athlete students ( N = 205), this paper offers a descriptive look at the MHL of student-athletes. We found that both athletes and non-athlete students had above average levels of MHL, but high rates of mental health stigma. With a foundation in contact theory, the paper provides recommendations on how to utilize student-athletes’ mental health knowledge to decrease mental health stigma and increase MHL campus wide.