Factors Affecting Expenditure Behaviors of Students Obtaining Student Loan Fund at Prince of Songkla University, Hat Yai Campus

Abstract

This research aimed to investigate the expenditure behaviors and factors influencing the expenditure behaviors of students obtaining Student Loan Fund. The sample group used in the study was 371 students receiving Student Loan Fund of Prince of Songkla University, Hat Yai Campus. The data were collected using questionnaire and analyzed by using frequency, percentage, mean, standard deviation and stepwise linear multiple regression analysis.

The results indicated that the overall expenditure behaviors of students were at a moderate level. When considering each aspect, it was found that students spent the most on education needs followed by social needs, basic needs, and consumerism, in order. In addition, means of all these four aspects were at a moderate level, while the aspect of spending based on entertainment needs was at a low level. Results from stepwise linear multiple regression analysis indicated that there were six factors predicting the expenditure behaviors of students. Peer group influence, fashion value, students’ expenses, the value in life of economy and simplicity, faculty that student belong, and democratic child rearing explained 32.1% of students spending behavior with statistical significance at .001.