The purposes of this study were to realized the situations of Mongolian students when facing with the economic and financial crisis. 300 students (these were 150 female students and 150 male students) from Health Sciences University of Mongolia and from Avarga Institute of Physical Education, Mongolia were selected as the samples of this study. Most of the surveyed students had moderate problems (60%), 20 % of ones had more problems, and 20 % of them had less problems during the economic and financial crisis time. Economic and financial crisis more faced to rural and male students in comparison to urban and female ones. Female students provided an economical budget activities, and male ones reduced their daily consumption, while 25 % of students did not know what to do during the economic and financial crisis time. One third of students wanted a promotion policy for students, 27% of them needed hourly job, 17% of ones would like a tick, and one fourth of them did not know what were their needs during the economic and financial crisis time. All these facts showed that the students needed special management for solving their problems related to economic and financial crisis.