Adjustment and Financial Literacy of First-year Students living on Campusss Housing, Faculty of Education Chiang Mai Rajabhat University
Keywords:
Adjustment, Financial Literacy, First-year students living on Campus Housing, Faculty of EducationAbstract
The objective of this research were 1) to study the adjustment and financial literacy of first-year students living on campus housing, and 2) to compare the adjustment and financial literacy of first-year students living on campus housing with different socio-demographic. The sample consisted of 349 first-year students living on campus housing from the Faculty of Education, Chiang Mai Rajabhat University, selected using by stratified random sampling technique. The research instrument was an adjustment and financial literacy scale. Statistics employed for analyses included percentage, mean, standard deviation, t-test, and one-way MANOVA. The result of the study were as follows: 1) First-year students had a high level of overall adjustment with the highest levels of adjustment such as instructor, peer groups, and activities. Moreover, their level of financial literacy was high with 79.9% of students, financial behaviour in 71.91% of students and financial attitudes are high levels in 91.67% of students, However, it is noteworthy that the level of financial knowledge was only at a moderate level, with 59.88% of students 2) The first-year students' socio-demographic had a no significant difference in adjustment and financial literacy, such as gender, age, academic performance, residential status, and monthly financial support from family. However, significant differences are observed in adaptation and financial literacy among students from different field of study, with a statistical significance level
of .05.
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