The Impact of Financial Status on the Academic Performance of Public University Students in Bangladesh

Objective - The study’s purpose is to examine the impact of financial status on the academic performance of public university students in Bangladesh. Methodology/Technique – The researchers used a quantitative approach because the empirical evaluations rely on numerical measurement and analysis. Self-administered survey questionnaires were used to acquire the primary data. This study consisted of 100 randomly chosen respondents from different departments at Islamic University in Bangladesh. The SPSS software was utilized to code and compile all of the information that was obtained from the participants. Finding –The study shows a significant positive correlation between the academic performance of university students and their financial difficulties and issues. Financial satisfaction, affluent financial status, and students' academic performance are less positively correlated. Novelty – The study advised the students that they have to cope with any financial difficulty. The parents should play a good role in their family by paying attention to their child’s financial condition. The government should make a conducive policy relating to academics as well as the overall environment. The university should make some positive policies that allow students who come from underprivileged families to pay tuition fees and minimize other academic fees, which can eliminate financial anxiety and bring attention to academic performance. Type of Paper: Empirical JEL Classification: A20; G0; G59. Keywords: academic performance, financial problems, financial satisfaction, Bangladesh. Reference to this paper should be referred to as follows: Alam, M.S; Haque, M.M; Hasan, M.M. (2024). The Impact of Financial Status on the Academic Performance of Public University Students in Bangladesh, GATR-Global J. Bus. Soc. Sci. Review, 12(4), 161–168. https://doi.org/10.35609/gjbssr.2024.12.4(1)