Does Requiring Program Participation Increase Actual Participation? Evidence From Financial Wellness Programs In Higher Education

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Date

2024

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Publisher

Indiana University

Abstract

To date, no empirical studies have investigated whether requiring student services program participation for a certain college student population actually results in increased student participation. As a result, this brief leverages institutional data (n=57) from the 2023 HEFWA Survey of Financial Wellness Programs in Higher Education to answer the following research question: If financial wellness programs in higher education require any student population to participate in financial wellness programming, is that requirement associated with increased participation in financial wellness programming?

Description

To date, no empirical studies have investigated whether requiring student services program participation for a certain college student population actually results in increased student participation. As a result, this brief leverages institutional data (n=57) from the 2023 HEFWA Survey of Financial Wellness Programs in Higher Education to answer the following research question: If financial wellness programs in higher education require any student population to participate in financial wellness programming, is that requirement associated with increased participation in financial wellness programming?

Keywords

college students, financial wellness, financial literacy, personal finance, FAFSA completion, HEFWA, FAFSA, financial aid, coaching, peer coaching, staff coaching, financial coaching, mentoring, staff mentoring, student mentoring, peer mentoring, financial mentoring

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This is an Open Access article distributed under the terms of the Creative Commons Attribution-Non-Commercial-No Derivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. The terms on which this article has been published allow the posting of the article in a repository by the author(s) or with their consent.

Type

Technical Report