The paper describes the adaptation of the Adolescent version of the Alcohol Expectancy Questionnaire (AEQ-A) for university students in Peru. 672 male and female university students enrolled in the first years at a private university in Peru completed the AEQ-A translated into Spanish. All 90 items were scored on 5-point rating scales. A principal component analysis with orthogonal Procrustes rotation towards the a priori 7 component structure yielded congruence measures (Tucker's phi) of .82 or less, implying that the original 7 dimensions of the AEQ-A could not be reproduced. A second, explorative principal component analysis produced a three-component solution explaining 27.8% of the variance: two unipolar components measuring positive and negative personal and social expectancies, and a bipolar component measuring expectancies regarding cognitive and motor capacities. A cross-validat...