COMPUTER ARTS AND TECHNOLOGICAL COLLEGE, INC.

Balintawak St., Albay District Legazpi City

THE IMPACT OF FINANCIAL PROBLEM TO THE ACADEMIC PERFORMANCE OF

GRADE 11 HUMSS STUDENTS IN CAT COLLEGE

Submitted by:

Anza, Ashley Amor

Barreda, Aaron Grey

Olaño, Jolo Jose

Vargas, Wayne Iris

Submitted to:

Ms. Feberlie Lopez

Instructor
 COMPUTER ARTS AND TECHNOLOGICAL COLLEGE, INC.
Balintawak St., Albay District Legazpi City

CHAPTER 1

THE PROBLEM AND ITS SETTING

INTRODUCTION

A financial problem refers to a situation where an individual is facing a shortage of money or

financial resources to meet their needs and obligations. There are several factors that contribute

to financial problem of Senior High School Students; including low income of parents or

guardians, unexpected expenses and lack of financial knowledge. Financial problem can also

have a significant impact on a person’s life it includes stress, anxiety, and difficulty in meeting

basic needs.

Low income of parents or guardians is one of the major factors that affects the financial stability

of Senior High School Students. Many families struggle to provide basic necessities such as food

and shelter, leaving little or no budget for expenses–such as school supplies, transportation and

extracurricular activities. Unexpected expenses such as medical emergencies, family emergencies

or repair of appliances can also lead to financial stress for Senior High School Students. Lack of

financial knowledge, especially to students who do not have ideas about budgeting. Budgeting that

students need to learn to create and manage a budget to help them track their spending and be

aware where their money goes. Stress and Anxiety actually reduces your motivation to study and

do school works such as assignments, projects and paper works. Difficulty in meeting basic needs,

especially personal needs such as food, shelter, health care and clothing.
 COMPUTER ARTS AND TECHNOLOGICAL COLLEGE, INC.
Balintawak St., Albay District Legazpi City

This is one of the common issues in our country, most of us experiencing this problem, also

parents and community. Financial problem affect the academic performance of a student, moreover

due to inflation and trade war, it had made most of the country facing recession and increases the

cases of student facing financial problem. Students have their different kind of expenses such as

school fees and transportation fees in daily life as a Senior High School students.

Our target respondents for this study will be our fellow Grade 11 Humss Students here in Cat

College, who currently experience this financial problem that affects their academic performance.

Also this problem affects their mental health, that can lead to some health problems; such as

sleeping problems, eating habits and difficulties to focus. This proposed respondents will be given

a questionnaire that they will answer based on their personal experiences. In that case that collected

answers will be discussed in this research, and identity the Impact of this financial problem to their

academic performance.

According to Halliday Wynes, (2014), a student financial position will affect their commitment

in learning which will affect their academic performance. When a student is having an ongoing

financial stress, it will affect their personal life such as sleep problems where they worry about

their financial statue and could not fall into sleep. Financial problem will also affect a student

mental health such as facing depression and anxiety. According to (Thomas Richardson, 2013),

there is a strong relationship between financial problem and depression. According to

Worldbank.org, 55% of students in the Philippines report not having enough money to pay for food
 COMPUTER ARTS AND TECHNOLOGICAL COLLEGE, INC.
Balintawak St., Albay District Legazpi City
or basic necessities and 26% say that this is a regular occurrence. Estimates derived from the

survey data indicate that about 23 million adults making financial decisions face this situation.

This research will discuss the possible impacts of financial problem to the academic performance

of Grade 11 Senior High School students here in Cat College. This study gather 15 Grade 11 Humss

students in Cat College, who completed the given questionnaire. This will address other students

problem and descriptive analysis will help to analyze the data collected.
 COMPUTER ARTS AND TECHNOLOGICAL COLLEGE, INC.
Balintawak St., Albay District Legazpi City

STATEMENT OF THE PROBLEM

This study intends to identify and determine the Impact of Financial Problem to the academic

performance of Grade 11 Humss Students in Cat College.

Specifically it aims to answer the following questions:

1.What is the demographic profile of the respondents?

a. Name; c. Financial Status;

b. Age;

2. What academic problems you often encounter as a student in terms of financial aspects?

3.What impact do you think financial problems have on the quality of education you receive as a

student?

4. What are the potential effects of financial problems on mental and physical well-being?

5. What strategies may be undertaken by the students to address academic difficulties as

financial problem is concern?