Linking Financial Status and Academic Performance: A Case Study of Relationship of Financial Status and Academic Performance of Selected Third Year Bachelor of Science in Business Administration Students of Manuel S. Enverga University Foundation

The study focused on determining the relationship of financial status on selected third year Bachelor of Science in Business Administration students’ academic performance. Specifically, the study identified their household incomes through their parents’ salary. This study used descriptive research. Survey questionnaires were distributed to selected sixty (60) third year BSBA students of Manuel S. Enverga University Foundation, Lucena City from March 2021. The researchers used an online platform in distributing research instrument to the respondents online using Google Form. Respondents were selected through stratified random sampling technique and applied different statistical tools such as t-test for independent sample, ANOVA and Pearson Moment of Correlation that could be of great help in analyzing the data. Through this data, it was concluded that there is a significant difference between impact of financial status and academic performance of the selected third year BSBA students. There is a weak to moderate and positive relationship between financial status and the academic performance of the third year BSBA students. It was then recommended that students should seek for organizations that offer student financial assistance and for parents to support the needs of students in school. Hence, future researchers are encouraged to indulge in research with greater extent onwards other financial factors affecting the academic performances such as financial literacy of the respondents since this study can be used as a reference.