The present invention discloses a method for extracting balsam pear polysaccharide from balsam pear. Said method includes the following steps: slicing fresh balsam pear raw material, vacuum drying, grinding the dried balsame pear slices to obtain balsam pear powder, using ethyl alcohol to make extraction, filtering and drying so as to obtain the balsam pear powder which can be used as raw material for subsequent process; adding distilled water into said balsame pear powder, using cellulase whose mass percentage concentration is 0.2-0.6% to make treatment for 10-12 min, filtering to obtain residue, then adding distilled water according to the mass ratio of 1:25-30, using wicrowave with 700W-1000W to make treatment for 3-5 min, heating for 3.5-4h in water bath with 55-60deg.C, filtering to obtain filtrate; finally, using neutral proteinase to treat said filtrate, using dialysis bag to make dialysis, making rotary evaporation, utilizing absolute ethyl alcohol to make precipitation and vacuum drying at 40-45deg.C so as to obtain the invented product-light-yellow balsame pear polysaccharide.