This study investigated the relationship between test anxiety and academic performance in 4,000 undergraduate and 1,414 graduate students and found a significant but small inverse relationship between test anxiety and grade point average (GPA) in both groups. Low-test-anxious undergraduates averaged a B+, whereas high-test-anxious students averaged a B. Low-test-anxious female graduate students had significantly higher GPAs than high-test-anxious female graduate students, but there were no significant GPA differences between low- and high-test-anxious male graduate students. Female undergraduates had significantly higher test anxiety and higher GPAs than male undergraduates, and female graduate students had significantly higher test anxiety and higher GPAs than male graduate students.