The Level of Financial Status of the CBAM Students in Sulu State College – SSC

Abstract

This study investigates the level of financial status of the College of Business Administration and Management (CBAM) students at Sulu State College. Financial stability is a critical factor influencing academic performance, mental well-being, and overall success in higher education. The research focuses on assessing the socio-economic conditions of students, identifying challenges they face in managing finances, and evaluating how these challenges impact their educational experiences. Data was gathered through surveys, on CBAM students. The findings highlight varying levels of financial sufficiency, with a significant proportion of students experiencing financial difficulties, which affect their ability to meet academic requirements, maintain attendance, and participate in extracurricular activities. Key factors influencing financial status include family income, external support systems, and personal budgeting skills. The study concludes with recommendations for Institutional support programs, such as financial literacy workshops, scholarships, and partnerships with local businesses, to enhance the financial stability and academic success of CBAM students.