THE EFFECTS OF STUDENT’S ALLOWANCE ON ACADEMIC PERFORMANCE OF GRADE 12 HUMANITIES AND SOCIAL SCIENCES STUDENTS AT IMMACULADA CONCEPCION COLLEGE

Abstract

This study examines the impact of school allowance on the academic excellence of Grade 12 Humanities and Social Sciences (HUMSS) students at Immaculada Concepcion College. The researchers aim to provide valuable insights into the relationship between students' financial stability and their academic performance, highlighting how allowance influences academic achievement." The respondents consist of Grade 12 HUMSS students selected using a quantitative method with a descriptive research design. The study utilized the Likert scale to interpret data, the weighted mean for data analysis, the t-test to determine the significant difference between the two variables, and Slovin’s formula to determine the appropriate sample size." Among the 246 respondents surveyed from 636 Grade 12 HUMSS students, 138 (56.1%) reported that their daily allowance ranges from 50 to 99 pesos, while 81 (33.9%) stated that their daily allowance is 100 pesos or more. Meanwhile, 27 (10.1%) indicated that their daily allowance is below 49 pesos. Based on the findings of the study, it is evident that students face financial challenges that impact their daily lives and academic performance. To address this, students should learn how to properly budget their allowances to prevent financial struggles from affecting their academic performance. Additionally, they should identify essential expenses and reduce unnecessary purchases to save money. The study recommends further exploration of the effects of students' allowances on academic excellence and the development of strategies to help students manage their finances effectively.