Using questionnaires survey, the relation between self-handicapping and academic engagement was explored, and the mediating effect of academic buoyancy and the moderating effect of parental support were investigated among 498 high school students. The instruments included self-handicapping scale, academic engagement scale, academic buoyancy scale and parental support scale. The results showed that: 1) self-handicapping had a significant negative prediction on academic engagement; 2) the academic buoyancy played a mediating role in the relationship between self-handicapping and academic engagement; 3) the relationship between selfhandicapping and academic engagement was moderated by parental support. Compared with the students who have lower parental support, self-handicapping was a stronger predictor of academic engagement among students who have higher parental support.