In this study, the views of high school students on academic aspiration were examined in the context of academic self-efficacy and cultural capital. 788 high school students from 12 cities of Turkey participated in the study. The participants filled in the Cultural Capital (CC), Academic Self-efficacy (ASE) and Academic Aspiration (AA) scales. The data were analyzed using descriptive statistics, regression and path analysis. The findings revealed that there are significant relationships between cultural capital, academic self-efficacy beliefs and academic aspiration. Cultural capital and academic self-efficacy belief are significant predictor of academic aspiration. The relationship between cultural capital and academic aspirations is mediated by academic self-efficacy belief. General finding of this study is that the cultural capital that plays an important role in the development of academic aspiration, accomplishes this effect through academic self-efficacy.