This study aims to identify the level of psychological balance in light of the principles of second-generation positive psychology (PP2.0) among a sample of faculty members and students at Al-Zahraa College of Education, Al-Jafara University. The study focused on four basic dimensions of psychological balance: extracting meaning from difficult situations, reinforcing positive experiences, conscious acceptance of negative experiences, and managing emotional interactions. The sample consisted of (60) participants. The researcher used a scale she developed based on the response principle (agree - neutral - disagree), and its validity and reliability were verified. The results showed that the level of psychological well-being was relatively high among faculty members compared to students. Statistically significant differences were also found based on academic level. The results indicated that individuals with a greater capacity for conscious acceptance of negative experiences exhibited higher levels of psychological resilience and personal meaning. The study recommends incorporating second-generation positive psychology principles into counseling and training programs within educational institutions to promote psychological, professional, and academic well-being. Keywords: Second-generation positive psychology – psychological well-being – faculty members – university students.