“ The effects of financial stability to students’ academic performance”

Bryan G. Lacre
11-ABM1E
June 30, 2023
Ms. Jessa Bejer

S.Y. 2022-2023
Introduction
Education is the of success in the world as it equips students with the necessary knowledge and
skills to navigate the challenges of the modern world. One significant aspect of students lives that can
impact their academic journey is financial stability. Financial well being, which allows individuals to
meet their basic needs and pursue educational opportunities without significant financial constraints.

Purpose of the Study

This study is for those students who have financial problem or not financially stable. To help
reach their dreams without any financial problems. To know the effects of having financial problem,
and their academic performance. Also to help them with their needs and to guide them. Lastly, to
know what to avoid to be able to continue school.

Preliminary Literature Review

According to (Clotfelter, Hemelt, and Ladd, 2018) the evolution of a campus ‐based aid program
for low‐income students that began with grant‐heavy financial aid and later added a suite of
nonfinancial supports. We find little to no evidence that program eligibility during the early years
(2004–2006), in which students received additional institutional grant aid and few nonfinancial
supports, improved postsecondary progress, performance, or completion. In contrast, program‐
eligible students in more recent cohorts (2007–2010), when the program supplemented grant ‐heavy
aid with an array of nonfinancial supports, were more likely to meet credit accumulation benchmarks
toward timely graduation and earned higher grade point averages than their barely ineligible
counterparts. Another study done by (Kickert, Meeuwise, et. al. 2021) Despite the benefits swift
academic progress holds for many stakeholders, there is scarce literature on how academic progress
may be improved by changes to assessment policies. Therefore, we investigated academic progress
of first-year students after an alteration of characteristics of the assessment policies in three large
course programmes: business administration (n = 2048) changed the stakes; medicine (n = 1630)
changed the stakes and performance standard; psychology (n = 1076) changed the stakes,
performance standard and resit standard. Results indicate that students’ academic progress was
sensitive to the characteristics of the assessment policy in all three course programmes. The changes
in progress could be explained by differences in performance, as well as by differences in selection
for progress by the different policies. Implications are that assessment policies seem effective in
shaping student progress, although one size does not fit all.

Objectives of the Study

The research paper seeks to achieve its general objective of the effects of financial stability to
students’ academic performance on the following objectives:

 To prevent the students to quit school.

 To find out the effects of their academic performance.
 To know if what’s the reason of their financial problem.
Research Questions
Specifically this study aims to answer the following questions:

 How to help the students not to quit school?

 What are the effects of their academic performance?
 What are the reasons of their financial problem?

Methodology
This study will be conducted using questionnaires and the survey will be done by the
researchers. The target respondent for this study will mainly be the students who have financial
stability problems. A sample of 20 students will be tasked to participate in this study. The same
questionnaires will be given to students to answer. By the end of the research, the researchers will
have find out the effects of financial stability to students' academic performance.

Timeline

Research Section Duration

Title 1 hour

Introduction 20 minutes

Purpose of the Study 15 minutes

Preliminary Literature Review 1 hour

Objectives 10 minutes

Methodology 10 minutes

Timeline 5 minutes

References 1 hour
References

https://scholar.google.com/scholar?
hl=en&as_sdt=0%2C5&q=the+effects+of+financial+stability+to+students%27academic+progress
%2Fperformance+&btnG=#d=gs_qabs&t=1687680460702&u=%23p%3D_RboY70AHUcJ

https://scholar.google.com/scholar?
hl=en&as_sdt=0%2C5&q=the+effects+of+financial+problem+to+students%27academic+progress
%2Fperformance+&btnG=#d=gs_qabs&t=1687680807216&u=%23p%3DTWoSYp19VhAJ