Monetary incentives for KP2 students. Is it relevant?

KP2 (kedudukan percubaan 2) is entitled to students in our campus whom failed to achieve a minimum of 2.00 GPA (grade point average) for two semesters in a succession.  I strongly oppose the idea to give monetary incentives to these students to motivate them to get better result. These student doesn’t need money. They were given enough monthly allowance by their sponsor such as Majlis Amanah Rakyat (MARA), PTPTN, JPA and even from their own parents. So money is no big deal here. The problem here is, the students themselves. They didn’t have faith in them. They think they couldn’t do it. They were lazy. So money cannot do anything about this. What these students need is to have some counseling for them to have self motivation. They need to build from the inside to ensure they could do better in their tests and examination thus will improve their grades for the coming semesters.