Names: Imam, Aziza Shahanny A. Section: 12 – St.

Sebastian
Francisco Rea Vanessa B.
Vacaro, Layce Juchel M.
Juanillas, Karen Joy B.

Research Title: Level of Financial Literacy of Grade 12 Senior High School students in
Notre Dame University and its Impact on their Monetary Decisions

CHAPTER II

METHODS

This chapter presents the methods of the study and procedures to be used which

includes research design, locale of the study, respondents, sample size and sampling

technique, research instrumentation, data gathering procedure, and statistical treatment.

Research Design

The research design employs for this is descriptive research using survey method in

determining the Level of Financial Literacy of the Grade 12 Senior High School students at

Notre Dame University and the Impact on their Monetary Decisions. This research design

will enable the researchers to find out the students understanding in personal finance using

the personal characteristics of sex and academic strand. In addition, this will aid the

researchers to examine how students’ level of personal finance affects their opinions and

decisions.

Level of Financial Literacy of Grade 12 Senior High School students in Notre Dame
University and its Impact on their Monetary Decisions
NOTRE DAME UNIVERSITY – SENIOR HIGH SCHOOL
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 Setting

The study will be conducted at Notre Dame University specifically to Senior High

School Department located at Notre Dame Avenue, Cotabato City, Philippines. The study

took place in the grade 12 students of the University. The center of the study will only focus

on the academic strand of the Senior High School Department. It has three (3) strands; STEM

(Science, Technology, Engineering and Mathematics), ABM (Accountancy, Business and

Management) and HUMSS (Humanities and Social Sciences).The purpose of the study is to

assess the level of their financial literacy and the impact on their monetary decisions.

Respondents

In this study, the population consists of the Senior High School in Notre Dame

University. The total number of sections in Grade 12 Senior High School in NDU is 19 with

the total population of __ students. The respondents of this study is centered only on the

Grade 12 Senior High School in NDU composed of the different academic strands from

Accounting, Business and Management (ABM), Humanities in Social Sciences (HUMSS),

and Science, Technology, Engineering, and Mathematics (STEM). The researchers will

select diverse academic strands to determine if students without financing subjects could

have different level of financial literacy and how it affect their monetary decision.

Level of Financial Literacy of Grade 12 Senior High School students in Notre Dame
University and its Impact on their Monetary Decisions
NOTRE DAME UNIVERSITY – SENIOR HIGH SCHOOL
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 Sample Size and Sampling Technique

For the purpose of the study, the population of the study is all Grade 12 Senior High

School in NDU. The sample size of the study is 75 students from five sections per academic

strand; five students will be selected per sections. However, the 75 students will be selected

based on availability and accessibility of the respondents.

Stratified random sampling technique will be adopted for this study. Population of the

study is divided into a number of strata in which each stratum will give the true

representation of the population. Academic strands are use in dividing Grade 12 SHS

students, which is the population into three strata. The academic strands ABM, STEM, and

HUMSS are use to divide Grade 12 SHS into three strata where five sections are selected

from each stratum. Simple random sampling is however will be use to select five sections

from each stratum due to the reason that students in each section per strand are the same in

characteristics and the topic they are studying. A total number of fifteen sections will be

selected to form the sample frame from which the sample size of 75 students is selected.

The students will be selected from the chosen section based on their way of living.

The students are stratified into students who live with their parents, family relatives, or by

their selves. This strategy will enable the researcher to solicit views from all categories of

students.

Level of Financial Literacy of Grade 12 Senior High School students in Notre Dame
University and its Impact on their Monetary Decisions
NOTRE DAME UNIVERSITY – SENIOR HIGH SCHOOL
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 Data Collection

The researchers will formally communicate to the Principal to inform him for the

conduct of the study. Then with his consent, the researchers will request for the official list of

enrolled Grade 12 Senior High students from the Records Head batch 2018-2019. Only those

who belong to the academic strand will be chosen to answer the produced questionnaire.

When the researchers already identify the specific respondents who will answer the

survey questionnaire, schedules will be set. Also, during the official gathering of data, the

respondents will be given enough time to answer the questionnaire. There will be an

estimated of 75 respondents who will be given survey questionnaire. After that, papers will

be retrieved and the information provided by the respondents will be checked if all the

necessary information are filled and answered. The data collected will be soon analyze and

tabulated.

Statistical Treatment

The study will use descriptive statistics such as frequency, percentage and mean.

Frequency and percentage will use to analyze the profile of the respondents. While the mean

will used to determine the level of financial literacy and the impact on the monetary

decisions.

Level of Financial Literacy of Grade 12 Senior High School students in Notre Dame
University and its Impact on their Monetary Decisions
NOTRE DAME UNIVERSITY – SENIOR HIGH SCHOOL
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 The following means will determine the level of saving and spending habits of the

students:

Scale Range of Means Description

1 3.50-4.00 High
2 2.50-3.49 Satisfactory
3 1.50-2.49 Fair
4 1.00-1.49 Low

For the third part, the following means will determine the impact on their monetary

decisions.

Scale Range of Means Description

1 4.50-5.00 Strongly agree
2 3.50-4.49 Agree
3 2.50-3.49 Neutral
4 1.50-2.49 Disagree
5 1.00-1.49 Strongly disagree

Level of Financial Literacy of Grade 12 Senior High School students in Notre Dame
University and its Impact on their Monetary Decisions
NOTRE DAME UNIVERSITY – SENIOR HIGH SCHOOL
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