Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah
Vol. 4 No. 3 (2026): Agustus : Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah

Kualitas Layanan, Brand Image, dan Persepsi Harga terhadap Loyalitas Mahasiswa melalui Kepuasan

Deswa Budi Nuranto (Universitas Budi Luhur)
Agus Sriyanto (Universitas Budi Luhur)



Article Info

Publish Date
31 Aug 2026

Abstract

Competition among private universities requires educational institutions to maintain student loyalty by creating superior educational value. This study aims to analyze the effects of Service Quality, Brand Image, and Price Perception on Student Loyalty, with Student Satisfaction as a mediating variable at Budi Luhur University. This study employs a quantitative approach with an explanatory and cross-sectional design using a survey method. The population consists of approximately 9,996 active students, with a sample of 200 respondents selected through simple random sampling. Primary data were collected using a five-point Likert-scale questionnaire. Descriptive analysis was conducted using SPSS 24, while model evaluation and direct and indirect effects were examined using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS. The results show that Service Quality, Brand Image, and Price Perception have positive and significant effects on Student Satisfaction and Student Loyalty. In contrast, Student Satisfaction has no significant effect on Student Loyalty. The indirect effects of the three variables on Student Loyalty through Student Satisfaction are also insignificant, indicating that Student Satisfaction does not mediate these relationships. The model explains 90.0% of the variation in Student Satisfaction and 3.6% of the variation in Student Loyalty. The findings indicate that loyalty is more strongly associated with the direct effects of service quality, institutional image, and educational cost suitability.  

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Journal Info

Abbrev

jupiekes

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Manajemen dan Ekonomi Syariah. Jurnal ini berkaitan dengan aspek apapun dari manajemen, tidak terbatas pada topik berikut : berbagai perspektif ekonomi Islam, keuangan publik Islam, keuangan Islam, akuntansi Islam, etika bisnis ...