Student Finance England (SFE) Funding Analysis for LSBM Students

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Added on  2023/04/23

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AI Summary
This research project aims to analyze the role of Student Finance England (SFE) in funding the tuition fees of students at the London School of Business Management (LSBM). The objectives include understanding the importance of SFE, identifying different types of loans offered, examining issues within the organization that affect student life, and recommending areas for improvement. The research employs an inductive approach with a descriptive design, utilizing both primary and secondary data collected through simple random sampling of 25 LSBM students. Key findings highlight delays in payment as a major issue, the significant role of SFE in enabling studies, and the potential for financially weaker students to plan their futures effectively through loan amounts. Recommendations include improving payment processes, developing efficient data handling systems, and addressing issues that hinder students' academic progress. The study references relevant academic works to support its analysis and conclusions.
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TASK 4
RESEARCH PROJECT
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AIM
To analyze the role of (SFE) Student finance England, for
funding student of LSBM tuition fee.
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OBJECTIVES
To understand the importance of (SFE) Student finance
England, for funding student of LSBM tuition fee
To identify the different types of loans offered by Students
Finance England
To examine the issues in the organization that can affect
students life
To recommend the areas where Students Finance England
can bring improvement so as to enhance students life
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RESEARCH QUESTIONS
What is the importance of SFE for funding students of LSBM
tuition fee?
How loan organization like Students Finance England affects
the students life?
What are the different areas where Students Finance England
can bring improvement?
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RESEARCH METHODOLOGY
Research approach – Inductive
Research design – Desriptive
Data collection – Through primary and secondary sources
Sampling and sample size – Simple random sampling, 25
sample size that includes students of London School of
Business Management
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FINDINGS OF THE STUDY
Theme 1: Delay in payment is the major issue that is being faced
Lengthy procedures Delay in payment No follow up from staff
0
0.1
0.2
0.3
0.4
0.5
0.6
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Theme 2: There is greater role of SFE in carrying out studies with effectiveness
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
0 0.05 0.1 0.15 0.2 0.25 0.3 0.35
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Theme 3: Financially weaker students can make better future planning
through loan amount
Yes
No
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RECOMMENDATIONS
It is essential that the issues that are being faced needs to be improved so that
effective loan facilities can be provided to the students. This is because such
is important in achievement of their future targets in an effective manner.
There is greater need of educational loan institutes to improve the process of
payment. As such this results in causing delay that hampers the studies of the
students to a greater extent.
It is important for the company to develop such efficient system that could
handle large amount of data in an effective manner. This increases
effectiveness of the loan process.
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REFERENCES
Dearden, L. and et.al, 2008 . Higher Education Funding Reforms in England: The
Distributional Effects and the Shifting Balance of Costs . The Economic Journal .
118(526) . pp. 100-125.
Callender, C., 2006. Access to higher education in Britain: The impact of tuition fees
and financial assistance. In Cost-Sharing and Accessibility in Higher Education: A
Fairer Deal?. pp.105-132.
Starkey, K. and Tiratsoo, N., 2007. The business school and the bottom line. Cambridge
University Press.
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THANK YOU
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