The Impact of Financial-Aid Format on Students' Collegiate Financing Decisions

Festa, Mackenzie M.; Holderness, D. Kip; Neidermeyer, Presha E.

doi:10.1891/1052-3073.30.1.27

Cited by 8 publications

(4 citation statements)

References 32 publications

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“…There is a correlation between students being offered financial help and enrolling at that institution. Likewise, Adefulu et al (2020) and Festa et al (2019) also found that students prioritize HEIs that offer financial aid and scholarships, lending credence to the findings of the present study.…”

Section: Discussionsupporting

confidence: 82%

“…Additionally, Festa et al (2019) and Adefulu et al (2020) concluded that due to the rising costs of higher education, recent research has also shown that financial aid is a significant factor affecting students' decisions regarding enrolment. Likewise, Maniu and Maniu (2014) contend that students are thoughtful, rational decision-makers who carefully weigh the costs and benefits of all available options.…”

Section: Cost and Financial Assistancementioning

confidence: 99%

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Institutional Determinants of College Choice Decisions Among Business Students in Nepal

Gurung

Chapagain

Ranabhat

et al. 2022

JER

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College choice remains a crucial concern for students and parents, particularly during admissions. The decision students make about their education has far-reaching consequences for their future. This topic has been explored extensively in the literature. However, few studies have focused on institutional factors of students’ college choice decisions in Nepal. Therefore, this study examines institutional determinants/factors which are more significant in college choice decisions. Based on a survey of 385 conveniently sampled undergraduate and postgraduate business students of Pokhara University, the factor analysis results demonstrate four institutional factors: university/college reputation, quality of educational facilities, cost and financial assistance, and employment opportunities as significant factors in college choice decisions. This research aids colleges in marketing themselves to prospective students and understanding what drives individuals to pursue higher education by revealing the most significant institutional factors. Moreover, the study's limitations are discussed and suggestions for further investigation are offered.

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Section: Discussionsupporting

confidence: 82%

Section: Cost and Financial Assistancementioning

confidence: 99%

Institutional Determinants of College Choice Decisions Among Business Students in Nepal

Gurung

Chapagain

Ranabhat

et al. 2022

JER

View full text Add to dashboard Cite

show abstract

“…Students who are offered financial aid awards, have a higher probability to take admission in the specific college / university [12]. Studies done recently also have indicated that financial aid is a key factor influencing students' decisions for admission due to soaring costs of higher education [20], [8].…”

Section: Availability Of Financial Aidmentioning

confidence: 99%

Factors and Influences Contributing to the College/University Selection: A Study of Private Higher Education Institutes (HEIs) in Oman

Mishra¹,

Gupta²

2021

TEM Journal

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HEI selection is an important decision for all aspiring students of higher education and it affects the commitment, motivation to study and career prospects. The present study investigates the factors responsible for student selection of different colleges and universities across Oman. Data has been collected through questionnaire which was both distributed physically and through online mode to students of three private universities and nine private colleges in Oman. The sample size was 300 and consisted of foundation and first year students in diploma and undergraduate courses. The scale items were subjected to reliability and validity checks. Reliability of scale has been tested using “Cronbach alpha”, “rho_a” and “composite reliability”. The Average Variance Extracted (AVE) was used to test both convergent and discriminant validity of scale. In the present study SmartPLS was used to test the research hypothesis. The relationships between Fixed College Characteristics and HEI selection decision; College Efforts to Communicate and HEI selection decision; Student Characteristics and HEI selection decision, are found to be significant (t >1.96 at p <0.05). However there is no significant relationship between External Influence and HEI selection decision.

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“…Another study revealed that financial concerns are among the leading sources of stress for college freshmen. Approximately 35% of students reported experiencing financial stress in the preceding year [6]. Increasingly, policymakers are concerned that rising financial pressures may be contributing to a parallel decline in student mental health.…”

Section: Introductionmentioning

confidence: 99%

Impact of Financial Stress, Parental Expectation and Test Anxiety on Role of Suicidal Ideation: A Cross-Sectional Study among Pre-Medical Students

Hassan,

Fang,

Rizwan

et al. 2024

IJMHP

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This study examined the effects of financial stress, parental expectation and test anxiety on suicidal ideation in pre-medical students. For this purpose, a cross-sectional research design was used, and data were collected through a non-probability sampling technique. The sample consisted of 425 pre-medical students. Our results indicate a strong and positive association between parental expectation and suicidal ideation (β = 0.272; t = 3.573; p < 0.000). Likewise, entrance test exam anxiety has a positive association with suicidal ideation among pre-medical students (β = 0.394; t = 3.933; p < 0.000). Lastly, there is a significant and positive association between financial threat and suicidal ideation (β = 0.185; t = 2.539; p < 0.011). The findings of the study emphasize the importance of implementing preventative measures to address the mental health issues faced by pre-medical students, with the ultimate goal of creating an environment conducive to their comprehensive development and academic success.

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The Impact of Financial-Aid Format on Students' Collegiate Financing Decisions

Cited by 8 publications

References 32 publications

Institutional Determinants of College Choice Decisions Among Business Students in Nepal

Institutional Determinants of College Choice Decisions Among Business Students in Nepal

Factors and Influences Contributing to the College/University Selection: A Study of Private Higher Education Institutes (HEIs) in Oman

Impact of Financial Stress, Parental Expectation and Test Anxiety on Role of Suicidal Ideation: A Cross-Sectional Study among Pre-Medical Students

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