Unlocking Academic Success: The Impact of Financial Support, Parental Guidance, and Aspirations Among SHS STEM Students
Abstract
Multiple factors beyond classroom learning influence academic excellence. This study examines the combined effects of financial support, parental guidance, and personal aspirations on the academic performance of Senior High School (SHS) STEM students at the Science and Technology University in Northern Mindanao. A descriptive-predictive survey design was employed, involving 60 Grade 11 and Grade 12 STEM students. Data were collected using a validated, researcher-developed questionnaire that measured financial support, parental guidance (moral, emotional, and spiritual), personal aspirations, and academic excellence. Descriptive statistics and multiple linear regression were used for data analysis. Findings showed that students had neutral perceptions of their financial support, strong agreement regarding parental guidance and personal aspirations, and a positive view of their academic excellence. Regression analysis revealed that personal aspiration was the strongest predictor of academic performance (β = 0.748, p < .001), while financial support and parental guidance did not show significant direct influence. The study highlights the importance of cultivating personal aspirations to promote academic excellence. While parental and financial support remains essential, their primary influence may be indirect, reinforcing students’ motivation and goal-setting behaviors.
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