The stress level of 90 first year university students (45 male, 45 female) was evaluated using the stress Self-Rating Scale for University Students in May and October, 1 month and 5 month after matriculation respectively. The Experiential Time Perspective Scale was also administered in July and October. It was found that goal orientation, one of the factors of the Experiential Time Perspective Scale, decreased between the two evaluation points while all other factors of the same scale remained unchanged. The relationship between Experiential Time Perspective and stress response was analyzed using structural equation models (SEM). The stress responses measured in October were positively influenced by Experiential Time Perspective ratings measured in July, but the latter had no influence upon stress response levels measured at the same point in time.