This study investigated the perceived effects of social media to the first year college students of a private Catholic college for the first semester of SY 2018-2019. Survey questions were distributed and were answered by the Living in the IT Era students. The data were summarized and analyzed using correlation analysis to test if the variables are predictors of the effects of the social media to the students. It was found out that most has a low positive correlation. On the other hand, there is moderate correlation between the following: Number of SNS (r=0.581) and Hours spent for SNS (r=0.572) in terms of Academics; Number of SNS (r=0.529) and Hours spent for SNS (r=0.513) in terms of Social Behavior; Hours spent for SNS (r=0.509) in terms of Physical Health; Hours spent for SNS (r=0.517) in terms of Mental Health; and Hours spent for SNS (r=0.523) in terms of Privacy. Regression analysis was applied after knowing the predictors and it was found out that there is a positive significant relationship between the number of SNS and academics (p < 0.005) and social behavior (p < 0.025). It also indicates that there is a positive significant relationship between hours spent for SNS and all of the effects such as academics (p < 0.001), social behavior (p < 0.005), physical health (p < 0.034), mental health (p < 0.036) and privacy (p < 0.000). Results of the study showed that the number of social media accounts and the length of time spent by the students has a positive significant relationship to the effects of social media measured.