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In STEM education, many 4-year colleges and universities now get most of their students from community colleges. Students who transfer from community colleges, especially those who are underrepresented, often face problems, such as deciding whether or not to transfer, getting academic and non-academic support during the transfer, and finding a job. Also, program advisors at both 2-year and 4-year colleges and universities face problems because they need to know how their students make transfer decisions and how to help them be successful post-transfer. A data-driven and survey-based study will help establish a solid understanding of the underlying elements contributing to these challenges. In this paper, the researchers first conduct a literature review to identify the critical personal and academic factors that influence the transfer decision, particularly for students from traditionally disadvantaged groups. Secondly, an exploratory analysis of these factors was performed by inviting a small group of computing major students from both community colleges and universities to participate in a survey that includes a wide range of questions, from demographics and pre-transfer decisions to post-transfer performance. The preliminary findings indicated that financial challenges, university reputation, university location, job prospects, and family expectations are the primary factors influencing student transfer decisions. The findings of the study can be beneficial to underrepresented transfer students, their advisors, and other stakeholders in higher education.