ABSTRACT
Scholarships are awarded based on various criteria, which usually reflect the values and purposes of the donor or funder of the award. Therefore, in a bid to verify the impact of scholarships on students’ academic performance using Federal College Of Education (Technical) Umunzein Anambra State, Nigeria as a case study, the study utilised survey data generated from 240 questionnaires distributed among student in Federal College Of Education (Technical) Umunze,Anambra State, Nigeria. The propensity score matching model was adopted for the study and the results indicated that students’ academic performances significantly increase with an increase in the award of scholarships. The results also suggested that with scholarships academic performance of students in Federal College of Education (Technical) Umunze, Anambra state would decreases by 13% but will rise by about 87% if the scholarships are given to indigent students’. There is need for increased award of scholarships to students from poor background and not to students from high socioeconomic status by the government, Non-governmental organizations, and other philanthropist to alleviate the challenge. Government should revitalize the giving of bursary awards to students from their respective states that are in higher institutions, be it private or public. Essentially, scholarships should be awarded to people who are poor and find it difficult to pay tuition fees, eat at least two times per day, and also who find it difficult to clothe themselves.
TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION
Background of Study
Statement of Problem
Research Objectives
Research Questions
Significance of Study
Scope of Study
Limitations to Study
Definition of Terms
CHAPTER TWO: REVIEW OF LITERATURE
Overview of some scholarships in Anambra State
Theoretical Literature
Empirical Literature
CHAPTER THREE: METHODOLOGY
Study Area
Data and Methodology
Model Specification
CHAPTER FOUR: DATA ANALYSIS AND INTERPRETATION
Data and Analysis
CHAPTER FIVE: CONCLUSION AND RECOMMENDATIONS
Conclusion
Recommendation
REFERENCES
CHAPTER ONE
INTRODUCTION
1.1 Background of Study
Scholarships are award of financial aid to enable students in their academic pursuit and/or further their education. Scholarships are awarded based on various criteria, which usually reflect the values and purposes of the donor or funder of the award. Scholarship money is not required to be repaid as it is not loan.
However, since 1980s, the use of financial need as the basis for awarding scholarships by the state has been eroding. But in the developed world, the award of scholarships by the state has been on the increase. In the developed world, between 1982 and 2000 spending on need-based scholarships for undergraduates by the states increased to 7.4 percent annually, while spending on merit programs increased at a 13.6 percent annual rate. The proportion of state grants awarded based on merit has risen from 9 percent to 22 percent during this period (Heller, 2002; National Association of State Student Grant & Aid Programs, 2001).
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