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Education is a key driver of economic growth, particularly the higher education sector. The formal characteristics of the Ukrainian education system look good compared to the developed economies. It remains one of the most educated nations according to the UN Human Development Index. However, the productivity of education system in Ukraine is low. This research focuses on the Impact of University Environment on Student Satisfaction in Lutsk National Technical University. To complete this purpose, the research question will be answered: if teaching and approach to management affect student satisfaction in Lutsk National Technical University? Lutsk National Technical University is one of two big higher educational institutes in Volyn region, Ukraine. The students that participated in this study enrolled in the academic year, 2017/2018. In order to perform study, survey method applied to collect the data and number of received valid questionnaire were 200. The result showed that generally students are satisfied, with service quality offered by Lutsk National Technical University. In addition, research found that there are differences in overall satisfaction by student`s perception of style and type of teaching. Also, it was found that satisfaction level differs based on student`s perception of style of management in university.