There is no doubt that COVID -19 has affected the whole world in every aspect of life. In this study, it was aimed to determine the relationship between COVID-19 phobia and life satisfaction levels of students participating in special talent entrance exams and their views according to some demographic variables. The sample of the study consists of 320 participants who took the special talent exam from the departments of physical education and sports teaching and coaching education at the University of Sutcü Imam. The research is a quantitative study and it was carried out in relational scanning model. Data were collected in August-September 2020. In the analysis of data Jamovi 1.6.12 statistical software program was used. As a result of the research; COVID-19 phobia and life satisfaction level arithmetic mean scores of the participants were determined to be in the middle score range. In normal circumstances, it was determined that the fear of COVID-19 had a negative effect on the participants, while life satisfaction is expected to be high due to the athletic and young age of the participants. In terms of demographic variables, significant differences were found in the COVID-19 Phobia Scale' and 'Life Satisfaction Scale' scores. In correlation and regression analyses, it was concluded that psychological, somatic, social and economic variables, which are independent variables, showed a negative low-level significant relationship with the life satisfaction of students, and they were also a significant predictor of life satisfaction. The results obtained from this study are predicted to shed light on the psychological, social, economic and similar effects of COVID-19 fear on people and provide significant contributions to finding solutions on these issues.