The hydrostatic slipper bearing is generally used in high pressure axial piston pumps to support the load generated from two surfaces which are sliding relatively at low speed. The object of the bearing is to remove the possibility of direct contact by maintenance of an adequate oil film thickness between two metal surfaces. Because the bearing performance is influenced by the bearing deformation, it is highly dependent on the injection pressure, the bearing surface profile and so on. In this study, the deformation characteristics of a hydrostatic slipper bearing is investigated according to the injection pressure by the finite element analysis. In the analysis, the special boundary condition to take the fluid-structure interaction (FSI) into account is used on the interactive surface. The results, such as bearing deformation, stress and lifting force, obtained from the fully coupled analysis are compared with those from the single step sequential method.