Cooperative education programs are usually based on a partnership between companies and universities. Dropouts have a particular impact here, for example the loss of junior staff in the companies. Most dropouts in cooperative education occur in the first academic year. In this multicausal dropout process, the influence of the cooperation partner is less pronounced in research. Consequently, we shed light on perspectives of organizational commitment to the company and motivational aspects in the academic fields of economics and engineering. We analyze collected data using a cross-sectional study design and estimated cox regression analysis on 2263 first-year students at Baden-Wuerttemberg Cooperative State University (DHBW) in Germany with 149 dropouts. Our analysis presents associations between affective commitment to the company, relatedness and competence at the university, and demographic and performance control variables with dropping out. Findings are contextualized within the current state of research. Practical implications are discussed in our study.