The purpose of this study is to examine the effect of psychological capital on empowerment and learning performance and the mediating effect of the empowerment on the relationship between psychological capital and learning performance. In order to verify the relationships and mediating effect, data were obtained from 283 university students in Ulsan Metropolitan City and were analyzed by using SPSS 12.0, AMOS 5.0. The findings are as follows: First, the psychological capital were positively related to the empowerment and the learning performance. Second, there was also a positive relationship between the empowerment and the learning performance. Finally, it is found that empowerment fully mediated the relationship of psychological capital and earning performance. The theoretical implication of the study includes that this study and findings advance the understanding of learning performance by suggesting a new viewpoint regarding how psychological capital and empowerment to motivate university's learning performance. Based on these findings, the implications and the limitations of the study were presented including some directions for future studies.