Abstract: This research is aimed at examination of objective meaning of the value of health, as well as such personal meaning instilled into this value and projection of the value of health into surrounding reality in form of actions, aimed at preservation of own health. The subject of this research is the value attitude towards health from the perspective of representation in person’s consciousness of the value of health at the level of objective meaning, subjective meaning, and sensual fabric of personality seeking self-development. The following conclusions were formulated in the course of this work: 1) personality with high and average level of psychological well-being, the value of health is on the level objective meanings, subjective meanings, and sensual fabric; 2) harmonious presence of three interconnected forms pf existence of the value of health in students’ consciousness – level of objective meanings, subjective meanings, and sensual fabric of the image testifies to the fact that the value of health manifests as psychological means of personal development; 3) young people, whose value of health is in all three levels of consciousness, constantly seek personal growth, open to new experience, as well as demonstrate readiness to encountering unfamiliar circumstances, independence of opinion, self-confidence, and orientation towards their inner world.