Office of Student Life

Center for the Study of Student Life

SCFW Study Details

The purpose of the Study on Collegiate Financial Wellness (SCFW), previously known as the National Student Financial Wellness Study, is to gain a more thorough and accurate picture of the financial wellness of students throughout the United States.

The primary purpose of this research is to inform student services and programs at each university, as well as help each campus compare the financial wellness of their student body to national trends. The research will also provide data that may be used for dissertations, publications or professional presentations. 

The study is driven by the following research questions:

  1. How are financial attitudes (including stress), self-efficacy, financial behavior and financial knowledge related to student academic success?
  2. How are financial attitudes, financial behavior and financial knowledge related to borrowing decisions and career selection?
  3. How is student loan debt related to the issues of student financial stress, academic success, decisions to borrow, career selection, and investment in education? What factors (e.g., self-efficacy, financial knowledge, ability to repay, financial behaviors, seeking financial advice) moderate these relationships?
  4. How are students’ financial situations related to their involvement in on-campus activities outside the classroom?

The study includes questions on each of the following key concepts:

  • Financial Education
  • Financial Management Behaviors
  • Financial Self-Efficacy 
  • Financial Socialization
  • Financial Stress & Optimism
  • Employment
  • Financial Dependence
  • Paying for College
  • Student Loans
  • Credit Cards and Consumer Debt
  • Financial Knowledge
  • Academic Information 
  • Demographic Information

If you are participating in the 2020 administration, please visit our page for participating institutions

Contact Tori Rehr, SCFW Study Coordinator, with additional questions at or 614-688-2150.