04 January, 2023

SURVEY of FINANCIAL PROBLEM AMONG UMP STUDENTS

Data Collection

On December 26th of 2022, we have conducted a survey among University Malaysia Pahang student regarding their financial situation through Google Form. The following survey aims to learn more regarding the financial difficulties faced by UMP students, as this has been frequently mentioned on the student confession page in Facebook as well as sharing in UMP student group chat. The survey was divided into three sections with a total of 17 questions. First, section A is related to respondent demographic such as age group, gender, nationality, race, and faculty. Section B is divided into three sections. The survey questions are related to their financial status such income categorization by household, monthly expenses, and so on. Multiple choice, selection choice and agreement scales will be used in the following part. Section C will collect respondents' suggestions for overcoming financial challenges. We reached a decision on the matter after receiving a few responses.


Data Analysis

Forms response chart. Question title: AGE GROUP. Number of responses: 13 responses.

The age group category was added after, therefore the data only recorded 13 responses. The majority of the respondents who participated were between the ages of 18-21.


Forms response chart. Question title: GENDER. Number of responses: 33 responses.

With a total of 33 responses, the majority of those who took the survey are female, with just 9 male respondents.


Forms response chart. Question title: NATIONALITY. Number of responses: 33 responses.

All the respondents in this poll were Malaysian.


Forms response chart. Question title: RACE. Number of responses: 33 responses.

Malay students had the greatest participation rate in this chart, with a total of 25 people out of 30. Chinese and Bidayuh students participated the least, each with one student.


Forms response chart. Question title: FACULTY. Number of responses: 33 responses.

From most to least number of respondents from each faculty:

  1. FK: 10
  2. FTKPM: 7
  3. FTKMA: 4
  4. FTKEE: 4
  5. FTKKP: 2
  6. FTKA: 2
  7. FIM: 2
  8. FIST: 2

Forms response chart. Question title: NUMBER OF SIBLINGS CURRENTLY STUDYING . Number of responses: 33 responses.
The majority of responders have three siblings who are still in school, with only one having five siblings.


Forms response chart. Question title: CATEGORY OF INCOME CLASSIFICATION BY HOUSEHOLD. Number of responses: 33 responses.
Only 3 of the 33 responders are from T20 families, whereas 18 are from B40 households. There are 13 responses from M40 households with incomes ranging between RM4850 and RM10959.


Forms response chart. Question title: LEVEL OF SPENDING. Number of responses: 33 responses.
The majority of respondents spent a reasonable amount of money each month, ranging from RM300 to RM500. Only ten of the 33 respondents spent RM300 or less in a month. One respondent spent more than RM500 every month.


Forms response chart. Question title: NO SAVINGS CAN BE SAVED FROM STUDENT LOAN. Number of responses: 33 responses.
3 respondents disagree that no savings can be made from student loans, while 9 respondents agree, and the remaining respondents are undecided.


Forms response chart. Question title: FINANCIAL DIFFICULTIES CAUSE STUDENTS TO DISCONTINUE THEIR STUDIES . Number of responses: 33 responses.
14 of the 33 respondents strongly agree that financial difficulties influence students to drop out of school.


Forms response chart. Question title: WHICH FINANCIAL ASPECTS AFFECT YOU THE MOST? . Number of responses: 33 responses.
For the majority of respondents, food is the most significant financial factor. Follow up with transportation, internet and rental fees. Medication has the lowest financial impact, with 4 out of 33 respondents.


Forms response chart. Question title: HAVING ONLINE CLASSES CAN REDUCE FINANCIAL PROBLEMS. Number of responses: 33 responses.
There are 16 responders who have remained neutral in their opinions about having online classes with financial problems.


Forms response chart. Question title: STUDENT LOANS AND SCHOLARSHIPS ARE ENOUGH TO COVER DAILY EXPENSES. Number of responses: 33 responses.
9 respondents believe that student loans and scholarships are sufficient for covering everyday expenses. Meanwhile, 12 respondents are undecided, while 3 disagree with the statement.


Forms response chart. Question title: SETTING UP A BASIC BUDGET ABLE TO REDUCE FINANCIAL PROBLEMS. Number of responses: 33 responses.
22 of the 33 respondents agreed that creating a basic budget can help ease financial problems, while 11 others were uncertain.


Forms response chart. Question title: SETTING UP A BASIC BUDGET ABLE TO REDUCE FINANCIAL PROBLEMS. Number of responses: 33 responses.
10 respondents strongly agree that recording the amount of daily costs can control students' financial problems, while just 2 respondents disagree.


Forms response chart. Question title: DO YOU WORK PART TIME JOB?. Number of responses: 33 responses.
Only three of the 33 respondents have a part-time job.

Forms response chart. Question title: STATE YOUR PART TIME JOB . Number of responses: 3 responses.
The respondents' part-time jobs included café, dropship, and freelance graphic designer.


Suggestion

Type of suggestion

Number of similar suggestions given

College should offer help or choices for student in order to reduce their financial problem

9

List out a plan, set a monthly budget to spend and record the expenses.

5

Do part time job or online business

2

Self-cooking

2

Don’t get a partner

1

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