The Adequacy of Financial Aid to Students given by

the Government

1
 ABSTRACT

TITLE: The Adequacy of Financial Aid to Students Given

by the Government

RESEARCHER: Charles Kyle D. Ostaco

DEGREE: Senior High School

YEAR: 2018 – 2019

ADVISER: Ms. Eloiza M. Imbien

2
 A financial aid is an amount of money offered by an institution to individuals to support

them. Mostly, students are the one who avail this kind of support because some of them are

lacking of money, so this assistance can ease their financial problem. The most common types of

financial aid is grant, loans, student employment program and scholarships, A grant is awarded

based on demonstrated financial need and do not need to be repaid. Loans are borrowed and

must be repaid once the student graduated from school. Student employment is offered by

federal or state funds that provide part-time employment for students who are enrolled.

Scholarships are awarded based on the academic accomplishments of the students but in return

the student must maintain his/her GPA. Scholarships do not need to be repaid. Financial aid can

come from a variety of sources. People can get a loan from a bank but it must be returned after

the student graduated from school. The largest source of financial aid comes from the

government. Financial aid helps the student throughout his/her college. But some financial aid is

not enough for some students and why do students seek for assistance?

This study used a descriptive method which is designed to depict the participant in an

accurate way to answer the Statement of the Problem and to fulfill the Research.

The conclusion of this study if there is a significant correlation between the adequacy of

financial aid and why do they seek for assistance.

3
 ACKNOWLEDGEMENT

First, I would like to express my gratitude our adviser Ms. Eloiza M. Imbien for the never ending

support for me to finish my research, for her patience and tolerance and also her words of

encouragement. Thank you for the pressure you gave to me but in a good way because being

pressured makes me finish things. She is also my one of my inspirations to finish my research.

Second, I would like to thank my parents for giving me a financial support to finish my study, for

motivating me to finish my academics. I would like to thank them for the unconditional love and

for being my inspiration to study hard.

Third, I would like to thank my friends for giving me some advice about doing research, for

giving support and making me happy in times of being stressed and haggard.

Fourth, I would like to express my gratitude to my closest friend Edgardo P. Sonio for pushing

me to finish my research, for the motivation, for saying that I can do this research, for giving me

ideas about my research, and helping me to finish this study.

Above all I thank God, without him I wouldn’t have done this research. To God be all the Glory.

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 TABLE OF CONTENTS

Title page……………………………………………………………………………………1

Abstract……………………………………………………………………………………..2

Acknowledgement………………………………………………………………………….4

Table of Contents…………………………………………………………………………..5

CHAPTER I: Introduction………………………………………………………………..9

Significance of the Study…………………………………………………..10

Statement of the Problem………………………………………………… 11

Scope and Delimitation……………………………………………………11

Theoretical Framework……………………………………………………12

Conceptual Framework…………………………………………………....13

Hypothesis…………………………………………………………….…….14

Definition of Terms...................................................................................…...14

CHAPTER II: Review of Related Literature and Study…………………………….....15

Foreign Literature…………………………………………………….…...15

Local Literature…………………………………………………….….….16

Foreign Study………………………………………………………..…….16

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 Local Study……………………………………………………………….17

Synthesis………………………………………….………………………18

CHAPTER III: Methodology………………………………………………...…..……19

Research Design……………………………………………….…….19

Population and Sampling………………………………..………….19

Respondents of the Study……………………………………..……19

Statistical Treatment…………………………………………..…...19

Percentage Distribution……………………………………..…….19

Weighted Mean………………………………………………...…...20

Random Sampling……………………………………………........21

Data Gathering Procedure…………………………………...…...22

CHAPTER IV: Presentation, Analysis, and Interpretation of Data…………..…23

CHAPTER V: Summary, Conclusion, and Recommendation…………………...29

Summary……………………………………………………...……29

Conclusion………………………………………………….…...….30

Recommendation………………………………………….….....…30

Bibliography……………………………………………………………….…....…31

Appendix…………………………………………………………….………...……32

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Letter of Request…………………………………………………32

Questionnaire…………………………………………………….33

Curriculum Vitae……………………………………………..….34

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 AMA Computer College Caloocan

263 UE Tech Road, Caloocan City

Senior High School

A Study on The Adequacy of Financial Aid to Students given by the Government

A Research Paper

Presented to

Ms. Eloiza Imbien

In partial fulfillment of the requirements

for the course RSCH 2122

(Inquiry)

By:

Charles Kyle D. Ostaco

S.Y. 2018 -2019

8
 CHAPTER 1

INTRODUCTION

A financial aid is an amount of money offered by an institution to individuals to support them.

Mostly, students are the one who avail this kind of support because some of them are lacking of

money, so this assistance can ease their financial problem. The most common types of financial

aid is grant, loans, student employment program and scholarships, A grant is awarded based on

demonstrated financial need and do not need to be repaid. Loans are borrowed and must be

repaid once the student graduated from school. Student employment is offered by a federal or

state funds that provide part-time employment for students who are enrolled. Scholarships are

awarded based on the academic accomplishments of the students but in return the student must

maintain his/her GPA. Scholarships do not need to be repaid. Financial aid can come from a

variety of sources. People can get a loan from a bank but it must be returned after the student

graduated from school. The largest source of financial aid comes from the government. Financial

aid helps the student throughout his/her college.

The main goal of this study is to know if the financial aid that is given by the government

to students is enough to get them through college and if it is easing their financial expenses.

The purpose of this study is to know if the students are getting enough financial help or

assistance from the government.

The people involved in this study are the students, parents, government officials, and the

future researchers. Students because they are the one who are receiving financial aid. Parents

because they are the one who help their children. Government officials because they are the one

9
who gives the financial aid to students. Future researchers because they can use this study to help

them in the near future.

Significance of the study

This research will be a great help to the following:

Students: They can get information about financial aid and how does it work and how to earn it.

They can also be aware that are institutions who are willing help to ease their financial problem.

Parents: In this research, parents can be persuaded to avail financial aid for their children and

convince them not to drop out of school because there are institutions who offers help

financially.

Government Officials: To give awareness about families that are lacking of money, so they can

help more families.

Future Researchers: This research can give more information or idea to study more about

financial aids and they can also discover related topics about this research.

10
Statement of the Problem

1. What is the demographic profile of the students in terms of?

1.1 Name

1.2 Age

1.3 Gender

2. Does the students getting enough financial assistance to help them throughout their

school expenses?

3. Why do students seek for assistance?

Scope and Delimitation

The Scope of this study is the Age and Gender of the respondents. They should be a

student and studying in AMA Computer College Caloocan Campus. Questionnaires will use in

conducting the survey.

The Delimitation of this study is the Adequacy of Financial Aid. We all knew that students are

receiving financial aid from the government. This research is limited only to the students who

receive financial aid from the government.

11
Theoretical Framework

This study will be guided by Financial Aid in Theory and Practice. The current financial aid

system is broken in many respects. The most widely recognized flaw is that a convoluted

application and distribution system prevents those who need aid the most from getting it. As a

recent study from the Center for American Progress (Goldrick-Rab and Roksa 2008) noted, the

“primary difficulty with current federal financial aid policy is that it is poorly understood by

nearly all of its constituents.” This is indeed true, and reforms to address this issue are needed.

But I believe that there are problems that are much more fundamental in nature, and that these

problems lend considerable support to the view, as articulated by Ronstadt (2009), that “financial

aid has morphed into a ‘debt for diploma’ system that fosters ever-rising tuitions, fees, and room-

and-board charges.” Currently, financial aid programs look at what it costs to educate a student

(the per-student costs), and then devise methods for reducing the out-of-pocket expenditure for

students and their families. This largely consists of giving money directly to schools (state

appropriations) or giving money to students to give to schools (grants and student loans). These

programs should, in theory, be effective, but mounting evidence suggests that they are not. The

key to understanding why they are ineffective is to realize that “colleges and universities will

react to the incentives those policies create and not passively accept their consequences… There

is every reason to expect that both prices and financial aid practices would respond to such

incentives in ways that would lead to the colleges themselves capturing a significant fraction of

the revenues.”1 The failure to recognize this is the main flaw of the existing theory of financial

aid. Once this mistake is acknowledged, it becomes apparent that current financial aid practices

are not likely to be as effective as first thought.

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Conceptual Framework

Conceptual Framework

A Study on The This study will conduct A Study on The

Adequacy of Financial a survey questionnaire Adequacy of Financial

Aid to Students given and to get result of the Aid to Students given

by the Government data that has been by the Government

gathered

Figure 1: Conceptual Framework on the Adequacy of Financial Aid for Students given by

the Government

This paradigm illustrates that by finding data of A Study on The Adequacy of Financial Aid to

Students given by the Government. By conducting some question and providing paper

questionnaire, the researcher can now easily get the result of The Adequacy of Financial Aid to

Students given by the Government.

13
Hypothesis

There is a significant correlation on Adequacy of Financial Aid for Students given by the

Government.

Definition of Terms

Adequacy the state or quality of being adequate; sufficiency for a particular purpose

Adequate sufficient for a specific need or requirement

Federal from of government in which power is distributed between a central authority and a

number of constituent territorial units

Financial Aid money that is given or lent or students in order to help pay for their education

Grant also called “gift aid” because they are free money

Loan is money, property or other material goods that is given to another individual in exchange

for future repayment of the loan value amount along with interest or other finance charges

Merit the quality of being particularly good or worthy, especially so as to deserve praise or

reward

Scholarship is a grant-in-aid to a student (as by a college or foundation)

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 Chapter II

Review of Related Literature and Study

Foreign Literature

According to Matthew Reed, many public and private colleges give out substantial amounts of

financial aid in excess of students' demonstrated financial need to attract the most talented

students in a competitive marketplace. These colleges see merit aid as an investment in

institutional quality. Since top students are in high demand, colleges may have to bid against

each other, raising the aid offered these students to levels well beyond their financial need. In the

past, some colleges cooperated on financial aid policies to restrain these "bidding wars" and free

up more funds for other priorities such as need-based aid.

According to Elena Mattana (2018), high school graduates do not enroll in higher education for

two main reasons: (1) the cost of college, both monetary – tuition fees, books, foregone earning –

and non- pecuniary, is higher than the expected returns; (2) the cost of college is lower than the

expected returns, but the potential student faces liquidity constraints that make it impossible for

him/her to cover the monetary cost. Hence financial aid can increase academic enrolment and

achievement by lowering the price of college and making in worthwhile for students who would

not have enrolled otherwise, lifting credit constraints for people who want to enroll but are not

financially able to.

As stated by Lane Coonrod, financial aid in American higher education has seen many changes

and has evolved into a very complicated process both as a result of accuracy of the measure of

ability to pay and the ethical issues that surround the distribution of money. The FAFSA (Federal

Application for Student Aid) is a document that all students must fill out if they intend to receive

15
financial aid. The process can be so complex that it may deter students from ever applying for

and receiving aid.

Local Literature

According to Riza Halili (2014) though the funds for these scholarship programs and grants are

expended in the spirit of charity and altruism for the poor and deserving, they are nonetheless

from the government and thus, from the taxpayers’ pockets. This makes scholarship funds and

other subsidies no different from ordinary government procurement that should be expended in a

transparent, accountable and cost-efficient manner ensuring that every centavo is going where it

should.

Foreign Study

According to Amaury Nora and Fran Horvath, financial aid assistance has had any effect on

bringing about access and equity in higher education to minorities must be addressed from two

related, but distinct, research perspectives: 1. the impact of financial assistance on minority

enrollments in all sectors of higher education, and 2. the impact of financial assistance on

minority retention rates. Moreover, federal state, and institutional policy decisions regarding

financial assistance, whether they be to withdraw or increase future funds or to initiate specific

financial aid-related interventions, must be made on the basis of empirical evidence and, it is

hoped, be theoretically based.

According to William G. Tierney, Margaret W. Salle, and Kristan M. Venegas, American

Indians are among the most underrepresented and underserved groups in higher education. Fifty-

one out of every 100 American Indians graduate from high school. Of these 1, only 7 percent

will enroll in college and ultimately earn a bachelor's degree within six years. Some American-

Indian students fail to complete their studies for financial reasons. Financial aid--whether in the

16
Form of grants, loans or student employment--is of critical importance for American Indians.

Funding is available from the federal government, state governments, tribal governments,

institutional scholarships, and private scholarships. Increasing college completion rates among

American Indians necessitates that students identify all potential sources of funding and have

access to enough aid to enable them to attend and complete college.

According to Husaina Banu (2017) Student loans have been widely practiced in many developed

and developing countries to help finance tertiary education. Malaysia and China have advocated

student loans to support tertiary education. Such financial assistance helps to reduce the

economic burden of students. The objective of this study is to analyze the Malaysian and Chinese

student loans in terms of adequacy, equity, efficiency and related issues. Additionally, this study

identifies factors that determine adequacy of a student loan in Malaysia and China.

Questionnaires were distributed to 200 undergraduate students in Malaysia and China

respectively. This study applied descriptive statistics and logistic regression to analyze the data.

The findings indicate that the amount of student loans offered should be increased. Both the

Malaysian and the Chinese government should concentrate on the equity, efficiency and related

issues of student loans. The results also show that nationality, the amount of tuition fees and

parental income are important determinants of student loans in Malaysia and China. It is hoped

that appropriate policy interventions can be undertaken by policy makers to ensure proper

funding for undergraduate students.

Local Study

According to Denise V. Silfverberg and Aniceto C. Orbeta Jr. In 2012, the Students Grants-in-

Aid Program for Poverty Alleviation (SGP-PA) was implemented through the Commission on

Higher Education (CHED) Memorandum Order No. 09, Series of 2012. Implementers of the

17
program are select SUCs, the Department of Social Welfare and Development (DSWD), and the

Department of Labor and Employment. The SGP-PA is a new initiative of the Philippine

government to provide poor but capable students with access to higher education. It aims to

increase the number of higher education graduates among poor households through direct

provision of financing for their education in selected SUCs. The SGP-PA has two important

features that make it different from other grants-in-aid programs: (1) it is well targeted to

identified poor households and (2) the grant is sufficient to cover all regular education expenses

including living allowance.

Synthesis

This chapter tackles about the importance of financial aid to students. It is said that giving

and substantial amounts of financial aid can attract the most talented students. Raising the aid

offered to students can level well beyond their financial needs. It is also said that some high

school graduates do not enroll in college because of the cost of college is higher than the

expected amount. Hence, financial aid can increase academic enrolment and achievement by

lowering the price of college, so students can afford college.

18
 CHAPTER III

METHODOLOGY

Research Design

This research entitled The Adequacy of Financial Aid for Students given by the

Government will use a descriptive method which is designed to depict the participant in an

accurate way to answer the Statement of the Problem and to fulfill the Research.

Research Instrument

This research will conduct a survey questionnaire to get the data from the respondents.

Population and Sampling

The respondents will be one hundred (100) people. Random sampling will be used in this

study, The Adequacy of Financial Aid for Students given by the Government.

Respondents of the Study

The one hundred (100) of my respondents will be the selected grade 12 students of AMA

Computer College Caloocan Campus.

Statistical Treatment

The researcher employed statistical tool to determine the assessment of the respondents on the

proposed factors and to help the researcher interpret the data in an unbiased manner.

19
Percentage Distribution

The percentage distribution is a representation of statistical data. It showed how the result in

distributed percentage. To determine the frequency distribution in which the individual class

frequencies were expressed as a percentage of the total frequency equated to 100.

f
P=100
N

Where:

P = percentage

f = frequency of response

N = total number of respondents

Weighted Mean

Weighted average is a mean calculated by giving values in a data set more influence according to

some attribute of the data. It is an average in which each quantity to be averaged is assigned a

weight, and these weightings determine the relative importance of each quantity on the average.

To determine the result of dividing the sum of the factors of each observed value, the number of

times it occurs, and this other factor by the total number of observations.

20
 f ( x 1 + x 2+... x n)
Mean ( ME )=
N

Where:

f = frequency or the number of the times that a given number

x = rating for a mean factors

x 1 , x 2 , x n = numerical ratings

Random Sampling

n = N / (1 + Ne^2)

n = Number of samples

N = Total population

e = Error tolerance

Pearson

Correlation coefficients are used in statistics to measure how strong a relationship is between two

variables. There are several types of correlation coefficient: Pearson’s correlation (also called

Pearson’s R) is a correlation coefficient commonly used in linear regression. If you’re starting

out in statistics, you’ll probably learn about Pearson’s R first. In fact, when anyone refers

to the correlation coefficient, they are usually talking about Pearson’s.

Formula:

21
Data Gathering Procedure

First, the researcher conducted ten (10) questions and one hundred paper questionnaires to the

respondents. Second, the researcher did the survey in AMA Computer College Caloocan

Campus. Third, after the researcher did the survey, he proceeded to get the tally, then the

weighted mean, percentage and the ranking of the data.

22
 Chapter IV

Presentation, Analysis, and Interpretation of Data

This chapter shows the presentation of results, analysis and interpretation of data

gathered by the researchers. All the questions stated in the statement of the problem were

answered and discussed by the following graphs and tables.

Sub-problem no.1: Demographic profile of the respondents

Graph 1 illustrates the personal information of the respondents of the researcher.

This data gathered by the proponents determines how the personal information of the

respondents in the Adequacy of Financial Aid for students given by the Government.

1.1 No. of Respondents

Respondents

Students

Figure 1.1

This graph shows how many students answered the survey questionnaire. 100% of the

respondents are students in AMA Computer College Caloocan Campus.

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1.2 Ages of the Respondents

Ages
2% 1%
8% 15%

16 years old
17 years old
18 years old
19 years old
20 years old
21 years old

40% 34%

Figure 1.2 Ages of the Respondents

This graph shows the ages of the respondents. Forty percent (40%) of the respondents are 18

years old. Thirty-four percent (34%) of the respondents are 17 years old. Fifteen percent (15%)

of the respondents are 16 years old. Eight percent (8%) of the respondents are 19 years old. Two

percent (2%) of the respondents are 20 years old. One percent (1%) of the respondents is 21

years old.

24
1.3 Genders of the Respondents

Gender
Female
30% Male

70%

Figure 1.3 Genders of the Respondents

This graph shows the genders of the respondents. Seventy percent (70%) of the respondents are

female. Thirty percent (30%) of the respondents are male.

Sub-problem no.2: Does the students getting enough financial assistance to help them

throughout their school expenses?

The proponents assess the data gathered on the survey questionnaire answered by

the respondents to identify if the students are getting enough financial assistance to help them

throughout their school expenses.

Assessment of the students getting enough financial assistance to help them

throughout their school expenses and the reason why they seek for assistance

financially.

PERCENTAGE WEIGHTED MEAN RANK

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 51% 4.11 1
48% 3.04 3
43% 3.02 4
39% 3.07 2
40% 3.02 4
Table 2.1 Table for the ranking of students who gets enough financial aid

The highest rank with a weighted mean of 4.11 they all said that they are always getting

enough financial support and the lowest rank with a weighted mean of 3.02 that the often buy

their desires and help them to save money.

Sub- Problem no. 3: Why do students seek for assistance?

PERCENTAGE WEIGHTED MEAN RANK

34% 2.95 3
32% 2.64 5
46% 2.93 4
47% 3.06 2
48% 3.34 1
Table 2.2 Table for the ranking of reasons why students seeks for assistance.

The highest rank with a weighted mean of 3.34 they all said that they always seek for

assistance to help their parents financially to get them through college and the lowest rank with a

weighted mean of 2.64 that the reason why they seek for assistance because sometimes their

parents’ income is not enough to support their academic expenses

Table of Data Gathering

4 3 2 1
1. 51% 28% 18% 3%
2. 28% 48% 22% 4%
3. 33% 43% 17% 7%
4. 36% 39% 21% 4%
5. 40% 31% 20% 9%
Table 1.1 Table of percentage for students who gets enough financial aid

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 4 3 2 1

1 32% 34% 31% 3%

2 23% 32% 31% 14%

3 25% 46% 26% 3%

4 31% 47% 19% 3%

5 48% 39% 12% 1%

Table 1.2 Table of percentage for reasons why students seek assistance

Tabulation

No. of Mean Pearson Tabular Hypothesis Decision

Respon Value

dents
Enough There is
Financial Aid 100 16.26 significant
- correlation
1 0.114909266
Reason why on the Accept
student seek 100 14.92 adequacy
assistance of financial
aid

27
 Table 2 the Correlation of Adequacy of Financial Aid and the reason why students

seek for assistance

This table shows that it has a Correlation between Adequacy of Financial Aid and the

reason why students seek for assistance.

Chapter V

Summary, Conclusion, and Recommendation

This chapter presents the brief summary of findings based from the result gathering

through questionnaire from the conclusion arrived at the study served as a basis for

recommendation specifically, the study sought to answer the following questions.

1. Does the students getting enough financial assistance to help them throughout their

school expenses?

2. Why do students seek for assistance?

28
Summary

This study aimed to determine the correlation between Adequacy of Financial Aid and

the reasons why students seek for assistance. Specifically, it sought to determine if there was a

significant relationship in adequacy of financial aid, reason why they seek for assistance and the

demographic profile of the respondents. Furthermore, it sought to determine significant

relationship between the demographic profile in financial aid and the reason why students seek

for assistance.

Using Random Sampling, the respondents were selected by on set criteria, a total of 100

selected students in AMA Caloocan Computer College Caloocan. Answered an questionnaire

composed of the financial aid they receive and the reason why they seek for it.

Conclusion

The researcher concludes if there is significant correlation on the adequacy of financial aid to

students given by the government. By analyzing and interpreting the data, the researchers

advanced the following conclusions:

1. Most of the respondents (students from AMA Computer College Caloocan Campus) are

ranging 18 and above years old.

2. Most of the respondents (51%) are always getting enough financial support.

29
 3. Some respondents (28%) answered that the financial support they receive is easing their

family expenses in terms of tuition fee.

4. Most of the respondents (48%) answered why they always seek for assistance is to help

their parents financially to get them through college.

RECOMMENDATION

Based on the findings of the study. The researcher recommended the following:

1. For the students who are receiving financial aid, try to save money. Try to lessen your

expenses on things that is not so important such as buying gadgets, clothes, shoes and

outings.

2. To the parents of the students, try to get some loan from banks and use it to start a small

business. By that, you can make more money and it will lessen your problem, financially.

Always motivate your children to study hard and give them words of encouragement.

3. To the government officials that gives the financial aid, try to conduct more survey about

families who are having a financial crisis. Try to offer works for the parents who doesn’t

have income and also give to students who wants to help their parents financially.

4. To the future researchers, study well and have an insight of the things that you want to

study. Deeper knowledge means deeper thoughts about things you want to study.

Bibliography (Online)

https://dors.dk/files/media/rapporter/2018/F18/kapitel_3/literaturereview.pdf?

fbclid=IwAR0nu5zcqXhy4qxixNXA4yZPFy5xVkBtVM1emOZ0KsMYo96FtilUoun5CPk

30
https://www.iwu.edu/economics/PPE16/PPE2008-3.pdf?

fbclid=IwAR2sfFkft5vI4Z1VNCphgZ0y2KOlgRY4q5qlaRzH6M7RM3Y1t_Y2YQmYHr0

https://publications.nasfaa.org/cgi/viewcontent.cgi?

article=1078&context=jsfa&fbclid=IwAR3U5WQuFfzOjsDjO7TRAJKGYAyP68_oPa10_aJqIF

UkurfAb-UYzMKiJXk

https://www.sciencedirect.com/science/article/pii/S0272775714000910?

fbclid=IwAR20tfuEUTlW_VHrzlg3lTeeErHBLu-AkH2lzuvaUK8K66SSi7Mp7FKudb0

https://eric.ed.gov/?

id=ED540079&fbclid=IwAR0ypb4Kbmtfope4YWYuwsH1kD2uY1OxJqELs5EdPQ8MUk2igu

PUyN00Iig

https://link.springer.com/article/10.1023/B:RIHE.0000010046.57597.43?

fbclid=IwAR2lS36FXHgcQQpYshMnmV5fIOgsU70b-S1IlUfHEZMtVoFEA8b5ZErQPf4

AMA Computer College

Senior High School
263 UE Tech Road, Caloocan City

February 06, 2019

Senior High School
Students
31
263 UE Tech Road, Caloocan City
Caloocan City

Dear Ma’am/Sir:

Greetings!

I would like to seek your assistance in providing the needed information and data for my
research entitled: “A Study on The Adequacy of Financial Aid to Students given by the
Government”.

In the view above may I request you to please accomplish the attached questionnaire.
Rest assured that the information I will get from you will be treated with outmost confidentiality.

Your effort and cooperation will surely benefit by the researcher and also the Senior High
School as a whole.

Thank you very much!

Respectfully yours,

Ostaco, Charles Kyle D.

Researcher

“A Study on The Adequacy of Financial Aid to

Students given by the Government”

I. Assessment of the demographic profile of the respondents

Direction: Please answer the following questions provided below.

32
 Age:

Gender:

II. Assessment of financial aid given to students and if they are getting enough help

financially.

Direction: Kindly check each item using the scale below

4 – Always 3 – Often 2 – Sometimes 1 – Never

4 3 2 1

STATEMENT Always Ofte Sometime Never

n s
1. I am getting enough financial support
2. It ease my family expenses in terms of tuition

fee
3. It helps me to buy my desires
4. It lessen my academic expenses
5. It helps me save more money

III. Reasons why students seek financial assistance

4 3 2 1

STATEMENT Alway Ofte Sometimes Never

s n
1. My family is having a hard time financially
2. My parents’ income is not enough to support my

academic expenses
3. To ease my family’s financial problem
4. To receive extra money and save it
5. To help my parents’ financially to get me through

college

33
Ostaco, Charles Kyle D.

A-12 Kapitbahayan Bangus St. NBBS, Navotas City

09557902968

4026149

charles_kyle26@yahoo.com

OBJECTIVE: To be appointed at any kind position in this

company. To gain experience in the field of work. To broaden my knowledge about

working. To sharpen my communicating skills and to be able to stand in front of many

people.

SKILLS AND COMPETENCIES:

• With initiative with a high level of energy.

• Decision making, critical thinking, organizing and planning.

• Flexible to different situations.

• Strong interpersonal skills

• Demonstrated ability to work under pressure/in a fast paced, deadline-driven environment

• Good communication both written and oral

• Versatile

EDUCATIONAL BACKGROUND:

AMA SENIOR HIGH SCHOOL

34
Accountancy, Business and Management (ABM)

263 UE Tech, Caloocan, 1407 Kalakhang Maynila

Present

Navotas National High School

M. Naval St, Navotas, Metro Manila

2014-2016

Our Lady of Fatima University

1118, 1 Esperanza, Novaliches, Lungsod Quezon, 1118 Kalakhang Maynila

2009-2011

PERSONAL INFORMATION:

Age: 20 years old

Sex: Male

Civil Status: Single

Date of Birth: 04-26-1998

Place of Birth: Tondo, Manila

Religion: Roman Catholic

Height: 5'5

Weight: 50kg

Nationality: Filipino

Father’s Name: Oliver Ostaco Occupation: OFW

Mother’s Name: Carina Dizon Occupation: OFW

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 I hereby certify that the above information is true and correct to the best of my

knowledge and belief.

SIGNATURE OVER PRINTED NAME

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