In this article author attempts to describe beliefs of Poltava high schools" students on the basis of questioning them and their answers on questionnaires. Researcher consider all the rituals of ordaining students, students" signs, "of the desks" folk-lore, beliefs in "Sharra" ("Halyava") (to receive something for nothing), celebrations of the "Equator" and final party. This subject is extremely actual today since the students subculture is a part of the subcultures of modern cities.