This article discusses an application of the Lewinian/Kolb experiential learning model in the context of undergraduate participation in the Missouri Community Action Poverty Simulation (CAPS) program. CAPS is designed to simulate common, everyday experiences among people living in poverty as participants take on the roles of family members working to make ends meet. The creators of CAPS emphasize that "CAPS is not a game" but "a unique tool that community action agencies are able to use to educate everyone, from policy makers to community leaders, about the day to day realities of life with a shortage of money and an abundance of stress." The authors facilitated the CAPS program with two large groups of undergraduate students enrolled in sociology, gerontology, and psychology courses at a medium-sized private college in south-central Pennsylvania. The analysis examines the experiential learning outcomes of the students as they reflect on their participation in the simulation. Following participation in CAPS, the students demonstrated an increased awareness of the material conditions of everyday life among families living in poverty. (Contains 2 figures and 2 notes.)