Principals and assistant principals currently serving in Florida and Georgia school districts were surveyed about their perceptions of university educational leadership preparation and professional learning. The results revealed that many principals and assistant principals agreed that university educational leadership preparation programs enhanced their overall preparation, school leadership, and school law. However, participants disagreed that leadership preparation programs assisted them in managing school budget, data analysis, and human resources. Participants overwhelmingly indicated that school districts provide meaningful professional learning opportunities and that they prefer job-embedded learning experiences over university preparation.