Assessment of Family Income on Academic Performance of Tertiary Students: The Case of Ho Polytechnic, Ghana

Abstract

This paper examines the relationship between family income and the academic performance of tertiary students in Ghana, the case of Ho Polytechnic. The study focuses on the sources of family income, expenditure patterns of students on campus and students’ performance. Case study under qualitative research design was used. Simple random sampling technique was used to select 480 students across the faculties in the Polytechnic. Questionnaires were used to collect primary data to support the secondary data. The study found a mixed significant relationship between higher family income and better students’ academic performance based on the students’ cumulative grade point average (CGPA). Thus, though family financial status affects students’ performance to some extent, but it is not an essential predictor of higher academic performance. A good number of student respondents indicate that low family income does not necessarily lower their academic achievement. The study concludes that financial status of families/parents and the students’ academic performance must be a shared responsibility for the purpose of mutual benefits in the future. Financial interventions from the government and other external parties are paramount for the future socio-economic growth of the nation, since these students are great assets and future leaders of the country. This study adds to the existing body of literature and also serves as a basis for future research.

Authors and Affiliations

Reindolf Yao Nani Adzido, Oliver Edward Dzogbede, Emmanuel Ahiave, Onesimus Kwashie Dorkpah

Keywords

Related Articles

Influence of Interest Rates Determinants on the Performance of Commercial Banks in Kenya

This study sought to investigate the influence of interest rate determinants on the performance of commercial banks in Kenya. Interest rates are the major economic factors that influence the economic growth in an economy...

Role of Public Procurement Oversight Authority on Procurement Regulations in Kenyan State Corporations. A Case of Kenya Electricity Generating Company (KenGen)

Public procurement has become a major driver of the economy; since the government spends a huge sum of money in this sector. Due to this, the government has established oversight bodies to ensure that public procedures a...

Entrepreneurial Orientation, Barriers, Business Networks, and Internationalization Readiness: A Conceptual Framework for the SMEs

In the era of globalization, Small and Medium Enterprises (SMEs) play an important role in advancing Indonesia's economy. This article aims at constructing a conceptual framework for modelling the relationships between e...

Rural Tourism for Local Economic Development

Efforts in according to strengthening the economic development of rural areas are comprehensive, given the largeness of its tourist value, viewed from economically, environmentally, socially and culturally. It is underst...

Analysis of the Convergence Criteria in Romania for Adopting the Single Currency and the Convergence Programme 2016 -2019 regarding the Monetary Policy and the Exchange Rate

Before a Member State can adopt the euro, it must fulfil certain economic and legal criteria. The economic convergence criteria are designed to ensure that a Member State's economy is sufficiently prepared for adopting t...

Download PDF file
  • EP ID EP90803
  • DOI 10.6007/IJARAFMS/v6-i3/2221
  • Views 110
  • Downloads 0

How To Cite

Reindolf Yao Nani Adzido, Oliver Edward Dzogbede, Emmanuel Ahiave, Onesimus Kwashie Dorkpah (2016). Assessment of Family Income on Academic Performance of Tertiary Students: The Case of Ho Polytechnic, Ghana. International Journal of Academic Research in Accounting, Finance and Management Sciences, 6(3), 154-169. https://europub.co.uk/articles/-A-90803