Personality is dynamic organisation, which creates a person's characteristic patterns of behaviour, thoughts, and feelings on the other hand Adjustment is a very important factor for better academic achievement and for effective educational pursuit. As more and more cases of depression, drug abuse and suicide are increasing among college going student, this study aimed to analyze and compare the Personality with level of adjustment of college students residing in hostels. Both, college and society in this period plays an important role in shaping and moulding the personality of the adolescents. The research was conducted in Pune city, Maharashtra, India. The sample consisted of 120 hostellers of Graduation (1st year) irrespective of their age. The sample was divided into two groups. The first group comprised of boys (60) and the second group comprised of girls (60) Hostellers. The tool used in the study was "Adjustment Inventory by H.S. Asthana and 16 PF Test for measuring Personality type. Results revealed that boys hostellers were more outgoing, intelligent, emotionally stable, enthusiastic, persistent, venturesome, socially bold, self sufficient where as girls are more apprehensive, insecure, worrying, troublesome, overprotected, tense and dependent and boys score higher than girls on their various adjustment level.