AbstractThe Large and Small Magellanic Cloud (LMC, SMC) offer an outstanding variety of young stellar associations, in which large samples of low-mass stars (withM≤ 1 M_⊙) currently in the act of formation can be resolved and explored sufficiently with theHubble Space Telescope. Previous observations with theWide-Field Planetary Camera 2(WFPC2) provided the first evidence of the existence of low-mass pre-main sequence (PMS) stars in the vicinity of star forming associations in the Magellanic Clouds (MCs) (Gouliermiset al. 2006a), and recent results from deeper observations with theAdvanced Camera for Surveys(ACS) enhanced dramatically the picture of these systems with the discovery of large numbers of PMS stars. The associations LH 95 (Gouliermiset al. 2002, 2007a) in the LMC, and NGC 346 (Gouliermiset al. 2006b) and NGC 602 (Gouliermiset al. 2007b) in the SMC, are currently under investigation with the use of observations from bothHubbleandSpitzer Space Telescope. I present the impact of our recent results in terms of the star formation history and Initial Mass Function (IMF) of these interesting systems, using as example the case of NGC 602.