The document summarizes a research study on the financial obligations of self-sponsored students at Divine Word University. It outlines the research questions, objectives, and methodology which included questionnaires distributed to 26 students. Key findings included tuition fees as the most influential financial obligation and absenteeism, low academic performance, and cancellation of studies as common issues related to financial difficulties. The study concluded financial literacy is important and recommended administrators provide financial education and counseling to students.

1. By
Gerry Gombongi
Business Accountancy 4
30th May, 2016
Research Title:
Financial obligations faced by
self-sponsored students at
Divine word university

2. Content
 Setting
 Research questions
 Research objectives
 Literature review
 Methodology
 Presentation /discussion of findings
 Conclusion
 Recommendation
 References

3. Setting

4. Research Questions and Objectives
The following questions served as guide to
this study
 What are the financial obligations faced by
self-sponsored students at Divine Word
University?
 How are those difficulties affecting the
self-sponsored students at Divine Word
University?
 What are the students’ perceptions about
possible solutions to financial difficulties?
To identify, describe, and
explain;
 Financial obligations
faced
 Related issues
 Recommended
measure
Questions Objectives

5. Literature Review
 Challenges confronting African students in Malaysia: A study of the
postgraduate Nigerian student at international Islamic University
(Adbullahi, Noon & Umar, 2014).
 Students in financial hardship: An advisor’s guide. UK council for
international student affairs (Bell & Stevenson, 2014).
 Challenges of privately sponsored students in universities in Kenya: A case
study of Moi University (Boit, 2012).
 Students’ money survey (Burek, 2014)
 Financial problems among students (n.d) Retrieved 22 March, 2015.
 Impacts of students’ financial strength on their academic performance
(Ngene, Garba & Kinta (2014).

6. Methodology
Age (Years) Total/26 Percentage
(%)
18 - 20 2 7.69
21 – 23 21 80.77
24 & above 3 11.54
Participants Total Percentage
(%)
Male 12 46.15
Female 14 53.85
26
Table 2 Participants by ageTable 1 Participants by gender
 Quantitative Research

7. Methodology cont.
Deductive approach (Top down)
Questionnaires
Self-administered
Closed questions
(Ranking & Rating) Delivery and collection

8. Presentation and discussion of findings
Financial obligations
0
2
4
6
8
10
12
14
Respondents
Most influential (rated 1 of 9)

9. Presentation and discussion of findings cont.
Financial obligations
0
2
4
6
8
10
12
14
Respondents
Least influential (rated 9 of 9)

10. Presentation and discussion of findings cont.
Related Issues
0
2
4
6
8
10
12
14
16
Strongly agree Agree Neither Agree nor
disagree
Disagree Strongly disagree
Responses
Absenteeism Low academic performance Cancellation of studies

11. Presentation and discussion of findings cont.
Recommended measure
Improving financial literacy
Responses Number of responses
Strongly agree 13
Agree 11
Don't know 2
Disagree 0
Strongly disagree 0

12. Conclusions
 As learning increases,
cost increases.
 Financial knowledge is
very important
• Changes are made by people so that
they may be able to live the present.
This has to increase in cost.

13. Recommendations
 Student life administrators, policymakers and financial counselors
should note several important implications from this study and
address them accordingly.
 Administrators should consider ways to use the strong effect of the
peer environment to help increase the normalcy of financial
education and counseling.
 Students should be cautious before getting involved in any activities
that require them to spend money. Think first about the
consequences before taking any action.

14. References
Adbullahi, M., Noon, N.A. & Umar, A., (2014). Challenges confronting African students in Malaysia: A case study of
the postgraduate Nigerian student at International Islamic University. Retrieved from
https://www.ms.academicjournals.org/article/article1417176662_Umar%20et%20al.pdf
Bell, G. & Stevenson, N. (2014). Students in financial hardship: An advisor’s guide. UK council for international
student affairs. Retrieved March 23, 2015, from
www.englishuk.com/uploads/assets/members/.../financial_hardship.pdf
Boit, J.M., (2012). Challenges of privately sponsored students in universities in Kenya: A case study of Moi
University. Retrieved from
http://www.englishuk.com/uploads/assets/members/publications/financial_hardship.pdf
Burek, O. (2014). Students’ money survey 2014-resutls (n.d), Retrieved March 22, 2015 from
http://www.savethestudent.org/money/student-money-survey-results.html
Financial problems among students (n.d). Retrieved March 22, 2015 from
http://coffee8cafe.blogspot.com/
Ngene, N.C., Garba, D.H., Kinta, L.M (2014). Impacts of students’ financial strength on their academic performance:
Kaduna Polytechnic Experience. An international Multidisciplinary Journal. Retrieved from
http://dx.doi.org/10.4314/afrrev.v8i1.7

15. End of presentation
Em Tasol