To assess minority college undergraduate and graduate students' self-reported stress, ethnic identity, and skin complexion as predictors of perceptions of racial discrimination. The participants (N = 172) were college-aged minority students. A hierarchical multiple regression analysis was conducted to examine the predictive relationship of the study variables on perceived racial discrimination. Skin complexion (β = .34, p < .05) and ethnic identity (β = .25, p < .05) had a positive (increased frequency) relationship with racial discrimination. When separated by sex, stress was a statistically significant predictor β = .24, p < .05) of racial discrimination for males only. Understanding the predictors of perceived racial discrimination may allow for the development of interventions that alleviate the stress associated with discrimination.