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Introductory mathematics courses continue to be compulsory for many academic disciplines in higher education, often with large enrollment and minimal support. Ability beliefs (e.g., self-efficacy) and motivations (e.g., interest) are known to decline alongside academic performance. The current study investigated the separate effects of participants’ (n=335) initial self-efficacy and self-efficacy development, on domain interest and formative assessment to inform strategies on mitigating these declines in a mandatory mathematics undergraduate course. Latent growth curve analysis on self-efficacy beliefs was undertaken within a fully-forward latent SEM. Initial self-efficacy predicted the initial formative quizzes, and negatively predicted the last two quizzes. Development of self-efficacy played a central role, positively predicting end-of-course domain interest, and last two quizzes. Theoretical and practical implications are discussed.