THE MEANING OF MONEY FOR COLLEGE STUDENTS  (STUDENT PHENOMENOLOGICAL STUDY  KIP-LECTURE SCHOLARSHIP RECIPIENT)

Durotun Nazilatus S.; Titis Nur  Inayanti; Zenna Yulita  Agsari; Ragil Retno  Palupi

doi:10.48024/ijgame2.v7i1.291

Authors

Durotun Nazilatus S. Economic Education Study Program, MPU Sindok PGRI University, Indonesia
Titis Nur Inayanti Economic Education Study Program, Mpu Sindok PGRI University, Indonesia
Zenna Yulita Agsari Economic Education Study Program, Mpu Sindok PGRI University, Indonesia
Ragil Retno Palupi Economic Education Study Program, Mpu Sindok PGRI University, Indonesia

DOI:

https://doi.org/10.48024/ijgame2.v7i1.291

Keywords:

KIP-Lecture Scholarship, The Meaning of Money for Students

Abstract

Background: Money has an important role in student life because it is used to meet needs during lectures. For students who receive KIP-Lecture, the aid fund not only helps economic needs, but also becomes a means to learn to manage finances independently and responsibly. Objective: This research aims to understand the meaning of money for KIP-Lecture recipients and find out how they manage funds to meet their educational and daily life needs. Method: This study uses a qualitative approach with phenomenological design and was carried out at PGRI MPU Sindok Nganjuk University. Informants were selected using purposive sampling techniques based on criteria that were in accordance with the research objectives. Data were collected through semi-structured interviews, observations, and documentation. Analysis is carried out through data reduction, data presentation, and conclusion drawn. The validity of the data is checked through triangulation of sources and techniques. Results:The results of the study show that KIP-Lecture funds are used for lecture and daily needs, such as lecture supplies, printing assignments, internet quota, meals, and transportation. Students try to prioritize basic needs, limit expenses, reduce unnecessary purchases, and set aside money for urgent needs. This experience helps students distinguish between needs and wants, control expenses, and increase responsibility in using money. However, parental help or other resources are sometimes still needed when dealing with an urgent need. These findings show that fund management is related to the habit of making decisions according to the financial condition of each student. Conclusion: KIP-Lecture not only supports the sustainability of education, but also provides an experience for students to learn independently and be responsible in managing finances.Expense planning helps students use funds wisely according to their financial needs and capabilities.