Abstract
This study aims to determine 1) the factors that affect students' financial literacy. The factors include gender, Grade Point Average (GPA) and allowance; 2) the differences in financial literacy between students of the Faculty of Economics and students of the Faculty of Science and Technology. The population in this study were active students from batch 2014-2017 of the Faculty of Economics and the Faculty of Science and Technology, Sanata Dharma University. The sampling technique employed was purposive sampling. The data analysis methods were the Chi-Square test and the Two Independent Sample Test with Mann Whitney Test. The test results show that 1) GPA factor significantly influences students' financial literacy,2) gender and allowance do not affect students' financial literacy,3) there are differences in financial literacy between students of the Faculty of Economics and the Faculty of Science and Technology, in which students of the Faculty of Economics have higher financial literacy level.
Highlights
In daily life we cannot escape from various economic activities
This study shows that the higher the Grade Point Average (GPA) of a student, the higher the student's financial literacy
This study aims to determine the factors that influence the financial literacy of the students of the Faculty of Economics and the Faculty of Science and Technology of Sanata Dharma University
Summary
In daily life we cannot escape from various economic activities. The important role of money in the economy makes many people work hard to earn money to meet their needs. Whether we realise it or not, if it is not accompanied by good management, no matter how hard we try to earn money, the money we earn will always feel not enough. The ability and knowledge possessed by someone to manage their financial resources to achieve prosperity is called financial literacy. By having a good comprehension on finance, we can avoid various financial problems. According to one of Indonesia's financial consulting services, Financial Wisdom Indonesia, there are at least four impacts from low financial knowledge, among others are low savings ratios, low investment ratios, consumerism culture and rampant bulging investments According to one of Indonesia's financial consulting services, Financial Wisdom Indonesia, there are at least four impacts from low financial knowledge, among others are low savings ratios, low investment ratios, consumerism culture and rampant bulging investments (www. financialwisdom.id, 2017)
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
