THE IMPACT OF FINANCIAL SUPPORT TOWARDS THE ACADEMIC PERFORMANCE OF GRADE 12 ACCOUNTANCY, BUSINESS AND MANAGEMENT STUDENTS IN IMMACULADA CONCEPCION COLLEGE

Abstract

Financial support refers to students' financial needs and expenses provided by their parents. It helps students achieve satisfaction with their academic performance. This study aimed to determine how financial support impacts the academic performance of Grade 12 Accountancy, Business, and Management students at Immaculada Concepcion College. The researchers collected 171 responses from Grade 12 ABM Sections 1–8, excluding ABM 3, the researchers' section. This study employed a convenience sampling technique and a correlational research design. The findings indicated that respondents are satisfied with 100 pesos as their daily allowance, and their general weighted average ranged from 86% to 90%. In addition, the r-value is -0.08649347, and the p-value is 0.263387, which means there is no significant relationship between the extent of financial support and the academic performance of the respondents. Therefore, the null hypothesis is accepted. Students' achievements in terms of academic performance have no connection to their parents' financial support.