Students are one of the most vulnerable subgroups of the general population in terms of disaster preparedness and response; however, many universities still lack strategies and planning for disaster preparedness, mitigation, and response. This study investigated students' perceptions of disaster awareness and preparedness, based on two demographic characteristics: where they lived (on campus or off campus) and their ethnicity. To carry out this research, a comprehensive literature review was conducted on disaster education. Next, a structured survey was developed based on the factors studied in the literature review, and it was distributed to university students above the age of 18 with the help of an online assessment tool, Qualtrics. A total of 111 responses to the survey were collected, and the data collected were analyzed by performing descriptive and statistical analyses. After conducting the analyses, it was found that the perspectives of the students living on campus towards disaster risk reduction (DRR) education was significantly different from those living off campus. There were similar distinct differences linked to their area of living and ethnic backgrounds. It was further revealed that based on both their location and ethnic background, students have very different perspectives on the role of their friends, parents, and the university in keeping them safe during a disaster. The findings of this study will help policymakers assess existing disaster preparedness programs and will help faculty members and the academic staff develop and implement effective disaster preparedness courses and drills at the university, based on the characteristics of the students.