Registration fee payment optimization for students received educational loan (the case of Suan Sunandha Rajabhat University, Bangkok, Thailand)

Yanika Pinit,Kongsak Boonarchatong,A Zheltenkov,A Mottaeva

doi:10.1051/e3sconf/202016412001

Yanika Pinit, Kongsak Boonarchatong + Show 2 more

Open Access

https://doi.org/10.1051/e3sconf/202016412001

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Abstract

The study is devoted to the development of methods for determining the social acceptability of tuition fees in universities. The objectives are 1) to investigate how to increase the efficiency of student loan management in Suan Sunandha Rajabhat University, and 2) to create guidelines for improvement and development of routine works for Student Loan Funds Department. This study is conducted via a survey research methodology. The sample 440 students who pay tuitions fees , includes ones with Students Loan . The quantitative data were analyzed using descriptive statistics of frequency, percentage, and average. The contribution for this study is to provide suggestion to improve and develop the channel to keep tracking the students having the outstanding fees, the difference in tuition fees, to pay for the outstanding tuition fees in order to reduce the number of outstanding fees in the system.

Highlights

Education has been mentioned as the foundation of the human development to enhance the quality of working and daily life for surviving with the changes in the globalization era
Analysis of financial satisfaction in a reduced sample was conducted using two-step estimation method (Table 2) [9,10] to delve further into aspects related to student loan debt
The first stage employed a probit model to predict whether a respondent had any student loan debt

Summary

Introduction

Education has been mentioned as the foundation of the human development to enhance the quality of working and daily life for surviving with the changes in the globalization era. A quality education should provide a chance to enable each person's potential to be fully developed as a person with a mind, wisdom, knowledge, morality, ethic and culture to live happily with others [1]. World practice shows that in recent years there have been significant, albeit uneven and ambiguous changes, according to which the cost of training, which had previously been borne mainly by the government or taxpayers, will be shared between parents and students. This situation is explained, firstly, by the need for non-state sources of financing

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