The internet has taken its place as one of the most indispensable elements in everyday life. Its easy accessibility makes it appealing to people of all ages and socioeconomic levels. The internet is used frequently in virtually every field, especially in education and entertainment, as students’ preferred medium. Over time, frequent use can create adverse effects. Overuse of internet is problematic, as it could cause troubles in people’s work, educational, and social lives. This study examines the relationship between problematic internet use, academic procrastination, and life satisfaction with 243 U.S. university students (MAge= 22.34, Female = 56%). The Young`s Internet Addiction Test Short Form (IAT-SF) was used to assess the participants’ level of internet addiction. In addition to the IAT-SF, the participants completed the Aitken Academic Procrastination Inventory and Satisfaction with Life Scale. Pearson Product-Moment Correlation and one-way ANOVA were used to analyze the data. An independent-sample t-test was run to determine if there were differences in internet addiction test scores between demographic variables. The analyses indicated that problematic internet use is positively related to academic procrastination and negatively related to life satisfaction. A significant relationship was found between academic procrastination and gender. In addition to this, the daily time spent on the internet is positively associated with problematic internet use, academic procrastination and negatively associated with life satisfaction.