THE FACTORS INFLUENCING STUDENTS TOWARDS THE SELECTION OF EDUCATION LOAN

  • Nor Effuandy Pfordten
  • Norhaila Sabli
  • Norasekin binti Ab Rashid
  • Salbiah Hanum Mohd Hajali
Keywords: education loan, interest rate, leniency, term and condition of education loan

Abstract

The increasing cost in education occurs everywhere. Most of the household income was spent on education. The financial support offered by the higher learning institution is one of the five important features expected from the institution. Students who receive financial support are therefore more likely to enter higher education institution. Furthermore, the factors influencing students’ satisfaction towards the selection of education loan also need to make known in order to understand the problems and solution for them.

References

Bakar, E. A., Masud, J., & Jusoh, Z. M. (2006). Knowledge, Attitude and Perceptions of University Students towards Educational Loans in Malaysia. Journal of Family and Economic, 27(4), 692-701.

Dong, H.Y., & Wan, X.H. (2012). Higher education tuition and fees in China: Implications and impacts on affordability and educational equity. Current Issues in Education, 15 (1), 1-10.

Grapragasem, S., Krishnan, A., & Mansor, A. N. (2014). Current Trends in Malaysian Higher Education and the Effect on Education Policy and Practice: An Overview. International Journal of Higher Education, 3(1), pp. 85-93.

Joseph, M. and Joseph, B. (2000). Indonesian students’ perceptions of choice criteria in the selection of a tertiary institution: Strategic implications. International Journal of Educational Management, 14(1), pp. 40- 44.

Sabri, M. F. (2017). Geran Permudah Pembiayaan Pendidikan. Utusan Malaysia. Retrieved 19 September, 2017.

Sidin, M.S., Hussin, S.R. & Tan, S.H. (2003). An exploratory study of factors influencing the college choice decision of undergraduate students in Malaysia. Asia Pacific Management Review, 8(3), pp. 259-280.

Tin, P. B., Ismail, R., Othman, N. & Sulaiman, N. (2012). Globalization and the Factors Influencing Households’ Demand for Higher Education in Malaysia. International Journal of Education and Information Technologies, 3(6), pp. 269-278.

Zhang, S., Greg, J., & Soukup, J. (2016). A Study of Rural Chinese Students’ Educational Expenses, Academic Performance, and Extracurricular Activities. Journal of Chinese Economics, 4(1), pp. 13–28.
Published
2020-07-05
How to Cite
Pfordten, N. E., Sabli, N., Ab Rashid, N. binti, & Mohd Hajali, S. H. (2020). THE FACTORS INFLUENCING STUDENTS TOWARDS THE SELECTION OF EDUCATION LOAN. Selangor Science & Technology Review (SeSTeR), 4(3), 19-26. Retrieved from https://sester.journals.unisel.edu.my/ojs/index.php/sester/article/view/163