Why are low-income eligible students reluctant to apply for financial aid? An empirical study from Central Java']Java, Indonesia

Despite generous financial aid provided by the government for low-income students studying at universities, eligible students are still reluctant to apply for such aid. This study aimed to assess the effects of students' expectations; knowledge, attitudes, and actions toward higher education; financial aid; parental, school, and student characteristics; and intentions to apply for scholarships among low-income students in two districts of Central Java, Indonesia. Students from disadvantaged backgrounds were invited to participate in the survey, and logistic regression was employed to assess the determinants of students' intentions to apply for financial aid. This study revealed that more than 70% of low-income students have low expectations, which is mainly attributed to a lack of academic performance. Moreover, expectations play a significant role in increasing students' intention to apply for financial aid by 3.026. In addition, the level of knowledge, positive attitude toward higher education, and financial aid and action were demonstrated to be statistically significant in affecting students' intention to apply for aid.