Online learning is on the rise, but research on outcomes and student satisfaction has produced conflicting results, and systematic, targeted research on underprepared college students is generally lacking. This study compared three sections (traditional, online, and 50% hybrid) of the same upper-level psychology course, taught with identical materials by the same instructor. Although exam scores were marginally higher in the traditional course, final grades and written assignments did not differ across sections, nor did student satisfaction. Student engagement predicted outcomes online. Taken together, these results suggest that outcomes and satisfaction are equivalent in online, hybrid, and traditional courses, and that a student's own diligence and drive might better predict success in online learning.