Covariations of self-reported sleep quantity (duration) and quality (disturbances) with affective, stressful, academic, and social experiences across the first year of university in 187 Canadian students (M age=18.4) were examined with multilevel models. Female students reported sleeping fewer hours on average than did male students. In months when negative affect and general levels of stress were higher, sleep quantity was lower. Poorer sleep quality was seen in students living away from home and reporting more financial stress at baseline. In addition, sleep quality was poorer in months when negative affect and general levels of stress were higher (attenuating the effect of financial stress) and better in months when students spent more days with friends. Three themes are presented to explore the mechanisms by which sleep quantity and quality rise and fall in tandem with experiences of the first year of university. (Contains 2 tables.)