This research aims to investigate the differences on the level of understanding on the Sharia Financial Literacy on students of EPI and EKPI badge 2014 UniversitasMuhammadiyah Yogyakarta. Metodhology used in this research is descriptive quantitative which dercribes the data obtained by the researcher with the questionnaires on 120 students of EPI badge 2014 and 120 students of EKPI badge 2014. The indicators which is measured by the researchcer is the level of understanding on the Sharia Financial Literacy on students of EPI dan EKPI budge 2014 UniversitasMuhammadiyah Yogyakarta which includes the knowledge on Islamic economic, Personal Finance, Islamic Banking, Islamic Insurance, Islamic Capital Market, Islamic Finance Pension Funds, Charity, Infaq and Alms (ZIS). Analysis used in this research is Mann-Whitney test SPSS 15. The results of this research show that there are differences significantly the level of Sharia Financial Literacy on students of EPI and EKPI badge 2014. The level of Sharia Financial Literacy on students of EPI badge 2014 belongs to the Financial Literacy of medium with a value of 76 percent, while students of EKPI badge 2014 has a value of 73 percent who also belongs to the Financial Literacy of medium.