Previous studies established that emotions are related with gratitude. The present study tested whether achievement related emotions would have the same pattern of relationship with three gratitude measures. Investigating the relationship of the two constructs expands theorizing about a different types of emotion with gratitude. There were 329 Filipino college students studying in the National Capital Region in the Philippines who were requested to answer three measures of gratitude (GC-5, GAC, and GRAT), and the Academic Emotions Questionnaire (AEQ) with subscales for positive (enjoyment, hope, and pride) and negative (anger, anxiety, shame, hopelessness, and boredom) achievement emotions. The results showed that the three measures of gratitude were significantly related to each other in same way as the positive and negative emotions. Majority of the correlations of gratitude with positive emotions had a positive direction while negative direction for the negative emotions. The relationship was further tested using Structural Equations Modeling, which showed that all three measures of gratitude were significantly related to each other, was positively related with positive emotions, and negatively related with negative emotions. The model also attained an adequate fit (χ2=314.25, RMSEA=.05, SRMR=.06, CFI=.95, TLI=.96).