Background: Amblyopia, commonly known as "lazy eye," is a prevalent visual disorder in school-aged children. Early detection and intervention are essential to prevent long-term vision impairment. Methods: We conducted a cross-sectional study involving 1000 school-aged children (6-12 years) from diverse socioeconomic backgrounds. Comprehensive eye examinations were performed, including visual acuity measurement, refractive error assessment, and ocular alignment evaluation. Amblyopia was classified into subtypes, and risk factors were analyzed using statistical methods. Results: The study revealed a 5.2% prevalence of amblyopia in the study population. Myopic anisometropia was the most common subtype (38%), followed by strabismic amblyopia (32%) and combined mechanism amblyopia (30%). Risk factors associated with amblyopia included a positive family history (p < 0.05), late presentation (p < 0.01), and limited access to eye care services (p < 0.05). Conclusion: This study provides insights into amblyopia prevalence and associated risk factors in school-aged children. Early detection and intervention are vital in preventing vision impairment. Targeted strategies are needed to address risk factors and improve the management of amblyopia in this population.