Most students in the institutions of higher learning are in the stage of identity-formation. This period is characterized by emotional, economic, social, and behavioral transformations which subject students to crises leading to poor state of wellness and is discussed in this chapter. Adjustment into this new environment owing to the identity crisis and relational concerns is therefore a fact that cannot be ignored. Significantly, despite all these adversities, the university student has to acquire the necessary knowledge and skills to succeed. This book chapter will focus on emotional wellbeing and its components. It will further offer an explanation of the strategies students can use for coping with emotional wellbeing that are tailored around its components.