FINDING PROPER PEER-TO-PEER LENDING STUDENT LOAN SCHEME FOR COLLEGE STUDENT IN INDONESIA

• Main Author: Asri Asyifa (19015134), Anindiya
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/25621
• Institution: Institut Teknologi Bandung

The education cost is keep increasing in each year. However, the scholarship is limited so not every students can get it. Therefore, there is a need for new alternative method for financing the education cost. Lately, on March 2018, Joko Widodo has challenged the bank to provide student loan as an alternative method of financing for the students. As the development of financial technology, peer-to-peer lending method seems to be one of the scheme that can be used to offer student loan itself. Referring to that condition, this research try to find proper peer-to-peer lending student loan scheme for college student in Indonesia. Secondary data from relevent journal and observation in peer-to-peer lending student loan website was done to give the reference about student loan scheme that has been available. Survey was conducted to get the preference of college students in Indonesia towards student loan scheme. To analyze the data, the researcher use business model by Nuri Kayagohu as the framework of this research. Many of students have an intention to use student loan. However, they do not knowing yet about peer-to-peer lending method. The students are preferred to use student loan that has an ease administration and document requirement, low interest rate and charge, and it was provided by a good-reputation parties. At the end, one student scheme has been proposed based on the preference of the students. However, there is a need to consider the lender’s preference for future research.