It mushrooms as an unerring fact that that assessment literacy has been a focus of interest as one of the major professional requirements of a teacher. Correlatively, there are some manifold standards for assessment and measures for assessment literacy. This study, hereat, aims to unearth the prospective English as a Foreign Language (henceforth EFL) teachers' levels of assessment literacy. In this context, the Assessment Literacy Survey developed by Volante and Fazio (2007) together with the student questionnaire of the European Network of Language Testing and Assessment (ENLTA) which was developed in 2004 are exploited to collect data. The participants are thirty-six senior students from the department of English Language Teaching (henceforth ELT) at a state university in Turkey. Fundamentally, the preservice teachers' utilization of the assessment approaches, and their understanding of underlying principles are at the major axis. As a result, it is reported that prospective EFL teachers are aware of the concept of assessment literacy though they perceive themselves as not adequately qualified. At the very same, practicum courses in which they enroll do not satisfactorily meet their expectations in developing their assessment skills. Similarly, they have a judicious amount of practical knowledge on different types of assessment approaches although they are mindful of the fact that in-class practices are to be laced with various kinds of assessment applications. Some practical recommendations and implications for teacher education are also listed in tow.