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Impact of Financial Responsibility on Student Motivation

The study investigates the relationship between college students' personal financial responsibility for expenses and their academic motivation and performance. Results show no statistically significant correlation between financial responsibility and either academic motivation or performance. The findings suggest that further research is needed to explore potential factors influencing these relationships.

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April Mae Devera Trinidad
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6 views1 page

Impact of Financial Responsibility on Student Motivation

The study investigates the relationship between college students' personal financial responsibility for expenses and their academic motivation and performance. Results show no statistically significant correlation between financial responsibility and either academic motivation or performance. The findings suggest that further research is needed to explore potential factors influencing these relationships.

Uploaded by

April Mae Devera Trinidad
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

The amount of expenses in online learning for which is college student is personally

responsible for can vary greatly. The present study examines whether a student’s personal

responsibility in paying for the expenses is related to his or her academic motivation or

performance in college. It was hypothesized that as a student’s personal responsibility for college

expenses increases, academic motivation will also increase. Seventy-eight first year

undergraduates enrolled in introductory psychology courses at a Midwestern university

participated in this study (60 women and 18 men, with a mean age of 18.25). Surveys were

completed detailing participants’ financial responsibility for college and their high school

academic background. Participants also completed the Academic Motivation Scale and

consented to the researcher gathering their financial aid and GPA information from the

university. The correlation between financial responsibility and overall academic motivation was

not statistically significant (r(76) = -.184, p = .106). The correlation between financial

responsibility and academic performance was also not statistically significant (r(76) = -.154, p = .

178). Results do not point toward a relationship between a student’s financial responsibility for

college and levels of academic motivation and success. Reasons for the non-significant findings

may have included instrumentation problems, restriction of range issues, or the fact that students

with better academic experience received more financial aid. Evidence of a relationship between

these variables in future studies could have important implications for the way families and our

country overall handle college expenses.

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