This study examined the mediating role of beliefs about both active and passive consent in the prospective associations between sexual assault (SA) risk factors and coercive, incapacitated, and forcible attempted/completed SA among college men. Participants were 471 college men who completed self-report surveys at the end of each of their 4 years of college. SA risk factors (risky behavior, rape-supportive beliefs and peer norms, personality traits, childhood adversity) were assessed at Wave 1, beliefs about consent were assessed at Wave 2, and perpetration was assessed at Waves 3 and 4. Multivariate regression models with bias-corrected bootstrapping assessed longitudinal mediation. SA risk factors were negatively associated with endorsement of active consent (verbal approval required) and positively associated with passive consent (assume “yes” until you hear a “no”), with strongest effects observed for coercive SA. Both types of beliefs about consent served as mediators between risk factors and perpetration. Findings suggest that prevention programs should include a focus on reducing SA risk factors, clarifying definitions of consent, and improving sexual communication.