FINANCIAL LITERACY OF THE UNDERGRADUATE STUDENTS IN PRIVATE HIGHER EDUCATION

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Published: Apr 30, 2023
Keywords:
Financial Literacy Financial Knowledge Financial Attitudes Financial Behavior Undergraduate Students

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Patchrapa Intaprot
The Graduate School, Srinakharinwirot University, Bangkok
Waiyawut Yoonisil
The Graduate School, Srinakharinwirot University, Bangkok
Sirinthorn Sinjindawong
Teaching and Learning Forum, Sripatum University, Bangkok

Abstract

The purpose of this quantitative research were to 1) study the financial literacy of the undergraduate Students 2) compare demographic factors with the financial literacy of the of the undergraduate Students. The sample of 350 undergraduate Students were selected by purposive random sampling. Questionnaires were used as a tool for data collection, 1) For the financial knowledge, the difficulty valued Item-Total Correlation was .20 – .67, the reliability of each measure (KR – 20) was .89 and Item-Total Correlation was .20 or higher, 2) The financial attitudes and the financial behavior, Item-Total Correlation was .20 or higher and the reliability of each measure ranged from .92 to .97. The obtained data and the hypothesis were later analyzed and test by frequency, percentage, mean, standard deviation, the One-Way analysis of variance : ANOVA.The result revealed the undergraduate Students samples have moderate financial literacy (Mean = 12.36 ; S.D. = 2.10). Their financial knowledge have the least financial literacy (Mean = 4.39 ; S.D. = 1.72), their financial attitudes (Mean = 4.00 ; S.D. = 0.67) and financial behavior (Mean = 3.97 ; S.D. = 0.68) have the financial literacy is consider good, show quite an appropriate financial practice.GPA which is demographic factors affect decision to the financial literacy of the undergraduate Students at significant level of .05.

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How to Cite
Intaprot, P., Yoonisil, W., & Sinjindawong, S. (2023). FINANCIAL LITERACY OF THE UNDERGRADUATE STUDENTS IN PRIVATE HIGHER EDUCATION. Journal of Social Science and Cultural, 7(4), 1–14. Retrieved from https://so06.tci-thaijo.org/index.php/JSC/article/view/263034
Issue
Vol. 7 No. 4 (2023): April 2023
Section
Research Articles

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