Student satisfaction is one of the many Important factors that any academic institution must consider for it is very helpful in refining academic processes, improving the quality of education, and evaluating the institutional efficiency. Therefore, this study aimed to (1) measure Filipino students' levels of satisfaction in today's BSN program, and (2) see the satisfaction differences between those enrolled in private and government higher educational institutions (HEIs). A cross-sectional comparative design was used. A total of 505 nursing students from different private and government HEIs in Central Luzon were conveniently recruited during the 2nd semester of A.Y. 2012-2013. Both descriptive and inferential statistics were run using the Statistical Package for Social Sciences (SPSS) version 20. Mean ratings showed that the students enrolled in both private and government HEIs are generally satisfied with their current baccalaureate program (x=4.02 and x=3.55 respectively). In addition, Mann-Whitney test revealed that there is a significant difference between the satisfaction levels of students enrolled in private and government nursing schools in satisfaction levels of students enrolled in private and government nursing schools in the Region (p<.05). Overall, students are satisfied with the in-class teaching , clinical teaching, the program itself, and the support and resources of their department. However, those enrolled in government HEIs have lower satisfaction ratings as compared to those enrolled in private nursing schools. Academic administrators must further develop the instructional competencies of the faculty, as well as improve nursing facilities and laboratories by making them well-equipped, adequately -staffed, and readily available to meet the needs of the students.