Despite intensive practices and promising reports on Team-Based Learning (TBL), three issues remain questionable: its contribution to overall academic performance, the team’s gain relative to individual members’ scores, and how students of different achievement levels perceive their academic gains. This mixed-methods research examines team gains, individual achievement on final examinations, and students’ feelings using data from individual readiness assurance tests (iRATs), team readiness assurance tests (tRATs), peer evaluations, class attendance, GPA, final examinations, interviews, and student perceptions of instruction. Quantitative data were analyzed using basic statistics and multiple regressions, while qualitative data were examined through inductive thematic analysis. Results indicated that all teams outperformed their highest-scoring members, suggesting higher achievers still benefited from TBL. Additionally, iRATs and class attendance positively impacted final examination performance, whereas tRATs had a negative impact. Peer evaluations and GPA did not significantly affect final examination performance. The thematic analysis revealed similar perceptions of gains among students, despite some challenges and frustrations.
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