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Financial literacy in higher education: An analysis of students' knowledge levels and the contribution of institutions

Abstract

In this study, we investigate educational institutions' role in financial literacy among college students. Data on financial attitudes, habits, and knowledge were collected by distributing questionnaires to a representative sample of students. The results indicate a considerable deficiency in applied comprehension and practical skills, despite a general awareness of financial principles. A holistic approach that incorporates practical skills, healthy financial attitudes, and theoretical concepts is needed to effectively incorporate financial literacy into curricula. While educational institutions have a significant role in promoting financial education, students still need preparation to handle financial challenges with competence and confidence.

Keywords
Higher education; Financial literacy; Financial education

Programa de Pós-Graduação em Educação para a Ciência, Universidade Estadual Paulista (UNESP), Faculdade de Ciências, campus de Bauru. Av. Engenheiro Luiz Edmundo Carrijo Coube, 14-01, Campus Universitário - Vargem Limpa CEP 17033-360 Bauru - SP/ Brasil , Tel./Fax: (55 14) 3103 6177 - Bauru - SP - Brazil
E-mail: revista@fc.unesp.br