The paper deals with low-temperature photoluminescence and deformation luminescence (mechanoluminescence) of a composite material based on fine disperse powder of phosphor SrAl 2 O 4:( Eu 2+, Dy 3+) and photopolymerizing resin that is transparent in the visible region. New information about the energy levels of impurities and defects was obtained. It has been found that at low temperatures (T = 15 ÷ 200 K) the photoluminescence spectrum of SrAl 2 O 4:( Eu 2+, Dy 3+) presents two partially overlapping wide bands with the maxima at λ1 max = 446 nm and λ2 max = 517 nm. The strong interaction of energy states of the bands results in temperature quenching of the short-wave band of luminescence (λ1 max = 446 nm) and its complete attenuation at T ≥ 200 K. The results were used to describe the mechanism of persistent luminescence and mechanoluminescence of SrAl 2 O 4:( Eu 2+, Dy 3+).