Quality preparation of school leaders is important for school success and improved student outcomes. The purpose of this study was to investigate the perceptions of principal alumni and superintendents about the quality of a university's principal preparation program in relation to the NELP Standards. Utilizing survey methodology, anonymous responses were collected from 74 practicing principals who are graduates of the program asking how well prepared they were for their school leadership roles. Survey responses were also collected from 38 superintendents across our state regarding their perceptions about the university's preparation of principals based on their experiences working with principal graduates hired within the last three years. Both principal and superintendent respondents agreed that program graduates were overall well-prepared per the NELP Standards, with 100% of principal alumni reporting they would recommend the program to others. Respondents also provided narrative suggestions and several areas were noted for further review and to inform program improvement. These results are useful in the pursuit of continued advancement of the field of leadership education by providing information beneficial in assessing and further developing university preparation programs for school leaders.