<p>Individual and systemic racism are pervasive in K-12 schools in the United States and threaten the well-being of Students of Color. Understanding the extent to which school psychology research has examined students’ perceptions of individual and systemic racism in schools is critical for advancing the field’s antiracist scholarship and practice. The present review systematically evaluated empirical articles published in eleven major school psychology journals between 2011 and 2021 that focused on K-12 students’ perceptions of individual and systemic racism. Twenty studies met criteria for inclusion and examined racism in relation to: (a) interpersonal relationships; (b) mental health and psychological outcomes; (c) academic outcomes; (d) school climate; and (e) behavioral outcomes. A majority of these studies included racially/ethnically diverse students (<i>n</i> = 6; 30%) or exclusively Black/African American students (<i>n</i> = 7; 35%) in their samples. Most used quantitative methods (<i>n</i> = 16; 80%), whereas relatively few employed qualitative methods (<i>n</i> = 4; 20%). These findings suggest the presence of a foundational yet developing literature on students’ perceptions of racism in schools. Implications for school psychology practitioners and researchers in furthering antiracist efforts are discussed.</p>