Abstract: The object of this research is the cultural-educational space, while the subject is the structure and components of cultural-educational space of a modern University based on the example of Azov-Black Sea Engineering Institute. The author understands cultural-educational space as an organized in a specific way sociocultural and pedagogical environment aimed at stimulation of the development and personal growth of each individual therein. Emphasis is made on the importance of formation and development of cultural-educational environment by each university as a condition for successful teaching of students and their full integration into the cultural community. The scientific novelty of this work consists in raising a question on the principles of finding optimal components of cultural-educational space of modern university; as the basic principle, the author advances the principle of close connection between the components of cultural-educational space. It is established that the elements of cultural-educational space is the physical space of the university, curriculum, educational techniques, methods, forms and means of teaching and learning, cultural situation, students self-governance, sphere of professional self-determination, personal fulfillment, sports and recreation activities, volunteer work, leisure, Internet component of cultural-educational space, etc. The obtained results can be used by different universities in formation of their own cultural-educational space that influences the performance of the university. It is concluded that the systemically organized components of cultural-educational space interact with each other and produce comprehensive impact upon personality of a student.