With the continuous development of science and technology, new media such as the internet and smart phones has become part of people’s life, and has gained a fast popularity, especially to university students. The emergence of new media will have direct and indirect influence on university students’ psychological health and bring some unpredictable impact. Most of research focused partially on new media or psychological health education mode for university students, in order to undertake further research and improve related theory, based on the comprehensive research of literature review, this paper adopts spass2010 software’s principal component analysis to deal with the data and analyze the received questionnaires, then it compares and discusses the positive and negative influence on psychological health education that has been brought with new media to university students. On the basis of full consideration of real situation, this paper provides some aspects that need to be improved on psychological health education mode for university students from the perspective of new media, such as the construction of comprehensive education system, enriching the education content, innovation of education forms and methods, establishing high-quality teachers group and improving supervision management system, etc. To effectively combine psychological health education with new media method, it can enhance the effectiveness of psychological health education in university. With the comparison, this paper draws strength of new media and proposes some suggestions which are more suitable for university students’ psychological health education.