An Analysis of Student Finance England's Role in LSBM Funding

This research project investigates the role of Student Finance England (SFE) in funding tuition fees for students at the London School of Business Management (LSBM). The report examines the importance of SFE in providing financial assistance, different types of loans offered, and organizational issues that affect students' lives. The study employs both primary and secondary research methodologies, including questionnaires and literature reviews, to analyze the impact of SFE. The research aims to understand SFE's influence on students' ability to pursue their studies and recommends improvements to enhance student support. The project also explores the factors contributing to research project selection, limitations, and ethical considerations, providing a comprehensive analysis of SFE's role in supporting LSBM students.

RESEARCH PROJECT

TABLE OF CONTENTS
INTRODUCTION................................................................................................................................1
FUTURE SCOPE.................................................................................................................................2
LITERATURE REVIEW.....................................................................................................................2
Importance of (SFE) Student finance England, for funding student of LSBM tuition fee
.....................................................................................................................................................3
Different types of loans offered by Students Finance England...................................................3
Issues in the organization that can affect students’ life...............................................................4
RERESEARCH METHODOLOGY....................................................................................................4
Factors that contributes to the process of research project selection...........................................4
Research limitation......................................................................................................................5
Ethics...........................................................................................................................................5
Resource sample..........................................................................................................................6
Data collection.............................................................................................................................6
Research technique and sample size............................................................................................7
Appropriate plan and procedures.................................................................................................7
Matching resources efficiently to the research question..............................................................8
RESEARCH TECHNIQUES...............................................................................................................8
Interpreting and analysing the results in terms of original research specification.....................12
Recommendations......................................................................................................................13
RESEARCH CONCLUSION............................................................................................................13
REFERENCES...................................................................................................................................14
APPENDIX........................................................................................................................................16

TITLE
To analyse the role of (SFE) Student finance England, for funding student of
LSBM tuition fee.
INTRODUCTION
Student Finance England (SFE) is the organization that provides loan to the
students for the purpose of carrying out their studies in an effective manner (Student
Finance England, 2015). There is greater role of SFE is offering financial assistance to
the students of London School of Business Management. This management school is the
academic heart of London which offers full time undergraduate as well as postgraduate
degree courses in different fields. Due to lack of financial problems there is greater need
for the students to apply for Loan so that they are satisfying their requirements in an
effective manner (Pennell and West, 2005). The students at this school are culturally
diverse and dynamic. In the present era, the quality of studies are largely depends on the
amount of money that is being spent on. Every individual is not capable enough to carry
out studies in big business schools. For this various institutions such as Student Finance
England have came into existence. The aim of such companies is to offer support to the
students in carrying out their studies in best manner without any hindrances.
In the proposed investigation on role of Student Finance England for London
School of Business Management tuition fee would be discussed. Further the report
includes reviews of scholars who have carried out investigation in past on the relevant
topic. Moreover the proposed investigation includes methodology that can be used for
carrying out the investigation forward for the accomplishment of research objective.
Research aims and objectives
The aim of the proposed investigation is: To analyse the role of (SFE) Student
finance England, for funding student of LSBM tuition fee.
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
Research questions
 What is the importance of SFE for funding students of LSBM tuition fee?

 How loan organization like Students Finance England affects the student’s life?
 What are the different areas where Students Finance England can bring
improvement?
FUTURE SCOPE
There is the wide scope of the result of the researcher. It provides more assistance
to the other researcher who undertakes research to find out the solution of the problem.
Besides this, it also assists financial institution about the growth and development aspects
of this kind of financial institutions.
LITERATURE REVIEW
In accordance with the views of Ai-hua, (2006) it has been gained that there is
huge importance of loan Company for students as with this they can fulfil their needs of
carrying out further studies in an effective manner. It has been determined that the
students possess greater desire of accomplishing their studies from best institute. This is
with the aim to make good earnings in future course of time. As per the views of
Mayadas, Bourne and Bacsich, (2009) it has been examined that with the assistance of
educational loan the financially weaker part in the society can also provide greater
support in terms of monetary resources for studies in an appropriate way. It has been
determined from the proposed investigation that there is huge impact of educational loan
institutions on the students’ life. Thus facilitates the student in carrying out the
investigation with effectiveness. The research approach that would be used in the present
investigation would be inductive. Further the data would be gathered through primary as
well as secondary sources with the aim to attain desired outcomes. In this section of
research, views of various scholars will be analysed in an effective manner. This assists
in attainment of research goal in an appropriate way.
Importance of (SFE) Student finance England, for funding student of LSBM tuition fee
As per the view point of Black and Duhon, (2006) educational loan which is
provided by various financial institutions plays a significant role for the students. It acts
as a final resort which provides more assistance to individual in the further educational
program. In accordance with the view point of Dearden and et.al. (2008) institutions such
as SFE make vital contribution in the growth and development aspects of students.
Such kind of institutions provides opportunity to the students to complete their
studies by offering educational loan at very concessional rates. These institutions enable
students to secure their future by accomplishing their further studies. SFE plays a vital
contribution in the continuance of studies of the students. Through completion of their

studies students become able to earn more money in near future and thereby raise their
standard of living. In addition to this, students who possess high level of skills, efficiency
and competencies become able to take admission in top level educational institutions.
Moreover, students are unable to take admission in renowned institutions due to lack of
fund. In this situation, institution that provides educational loan to students provides
financial assistance to them. These institutions enable students to complete their studies
and attain success in the near future.
Different types of loans offered by Students Finance England
Student Finance England mainly offers three types of loan which provides more
assistance to students in the completion of their studies. In accordance with the view
point of Varghese, 2008 it has been examined that there are various types of students to
whom the loan is being offered by the company. This includes part time students, new
full time students and continuing full time students. In accordance with the needs and
demands of these students the loan is provided by the Students finance England. It has
been determined that with the presence of facilities as per requirement the students can
perform with effectiveness.
Issues in the organization that can affect students’ life
There is existence of several issues within the organization that has huge impact
on the life of the student. In accordance with the views of Callender, (2006) it has been
examined that there is greater delay in payment which acts as major issue for the student
in carrying out their studies to a greater extent. It has been determined that due to
presence of lengthy process delay is made in making payment of loan amount. Archer,
Hutchings and Ross, 2005 asserts that in addition to this there is another major issue in
related with lack of follow of staff. This is major issue as such result is ineffectiveness in
resolving the issues of the students to a greater extent. Due to this students face huge
problems and thus are unable to carry out their studies in an effective manner.
As per the views of Starkey and Tiratsoo, (2007) it has been gained that due to
ineffectiveness in management if the data there are several issues being faced in relation
with loss of data. This has greater impact on the students’ studies ad further results in
non-fulfilment of their future goals and targets.
Matching resources efficiently to the research question
In order to conduct a research various resources are requires. According to
questions different types of respondents are required that are residing in different

locations of the specific area. Hence, specific resources are required to complete a
research. In this regard it must be made sure that resources are allocated efficiently and
utilized effectively.
RERESEARCH METHODOLOGY
In the proposed investigation the collection of data will be done through primary
as well as secondary sources. Therefore for the purpose of analysing the role of (SFE)
Student finance England, for funding student of LSBM tuition fee questionnaire will be
devised. Further themes will be developed from the responses gained through survey in
order reach at a valid conclusion. Moreover use of journals, books as well as online
articles will be made with the aim to collect secondary data (Sondargaared, 2015).
Factors that contributes to the process of research project selection
There is presence of several factors that has acted as an aid in contributing
towards selection of specific research project. Such has been enumerated in the manner
below:
Scope of the investigation: It has been determined that the proposed investigation
has wider scope and due to this the researcher has selected the present topic.
Interest of the scholar: This is regarded as major factor that has contributed in
selection of research project. This is in relation with interest of the researcher. The
selection of topic has been done as the researcher possesses interest in the project.
Contemporary issues: It is regarded as major factor that facilitates the researcher
in making selection of the research project in an effective manner.
Research limitations
There are certain limitations in relation to the present investigation. This is in
relation to lack of time. As there is greater importance in accomplishing the investigation
within particular duration of time thus every aspect under research might not be
accomplished (Remelts, 2015). This affects the quality of the investigation, its scope and
value. Another major limitation is with respect to size of sample. In the proposed research
the size of sample is small therefore the outcomes attained might not fit to the whole
population in universe.
Ethical issues
While conducting a primary research some ethical issues need to be considered. Some of
the ethical issues that commonly discussed in research are as follows.
 Non-issue of respondents’ details- It is a responsibility of the researcher to ensure

that personal information of the respondents will not be shared. In other words, it
can be said that he must take an appropriate measures in order to ensure that no
one other than him can access personal information of respondents.
 No use of coercion- Researcher also needs to make that he will not collect any
information from researcher by coercing him. If such act is committed then it is
treated as unethical behaviour.
 Abstain from insisting other for sharing an information- It is also ethical
responsibility of the researcher to make sure that if anyone does not wants give an
sort of information then he will not force other person to provide information that
he does not intends to share.
 In order to maintain ethical aspects data is collected from the copyright sources.
 Confidentiality or information about the respondents are not be disclosed by the
researcher.
 There is no manipulation have made in the responses of questionnaire.
Resource sample
In this research sample of 25 students of London school of business management
is taken in order to derive perfect results from research. Gantt chart is also added in order
to conduct research in right way.
This particular section includes the research methodology that offers detail
knowledge with respect to the techniques that would be employed by the scholar in order
to attain research objective. This assist the researcher in carrying out the investigation
through identification of the role of (SFE) Student finance England, for funding student
of LSBM tuition fee. The various tools have been enumerated in the manner below:
Research approach: Research approach is referred to as plan and procedures for
investigation. The research approach is categorized into two. This includes deductive and
inductive approach (Kothari, 2011). Thus with the assistance of this desired targets can
be achieved in an effective manner.
Research design: It is regarded as the blue print that assists in carrying out the
investigation forward. There are several types of research design. This includes
exploratory, descriptive, explanatory etc. In the proposed investigation on role of (SFE)
Student finance England, for funding student of LSBM tuition fee descriptive research
design will be employed. With this the researcher is able to draw valid conclusion from
the investigation in an effective manner.

Data collection
For the purpose of collecting data both primary as well as secondary data sources
will be used. This is in order to gather useful information for the purpose of investigation.
In the present investigation the technique of questionnaire would be employed (Harrison
and Reilly, 2011). This would act as an aid in gathering the responses of the students in
an effective manner. Secondary data collection will be done from various sources that
include books, journals as well as online sources.
Research technique and sample size
In this research qualitative techniques are used for data collection. The technique
of sampling that would be used in the present investigation is related with probability
sampling (Hill, 2007). Under this simple random sampling will be used. This is because it
offers equal opportunity to each person in getting selected as sample. The size of sample
will be 25 students of London school of business management who has availed services
of Student Finance England.
Appropriate plan and procedures
Activit
y 1th
Week 2nd
Week 3 rd
Wee
k
4t
Week 5th
Week 6th
Week 7th
Wee
k
8th
Week 9th
Week 10th
Week
Draftin
g
Researc
h
Proposa
l
Literat
ure
Review
Setting
aims
and
objectiv
es
Draftin
g
literatur
e
review
Draftin
g of
method
ology
Develo

ping
questio
nnaire
Collecti
on of
Data
Analysi
s of
Data
Draft
Finding
s
Analyse
data
Remain
ing
chapter
s
complet
ion
RESEARCH TECHNIQUES
Theme 1: Delay in payment is the major issue that is being faced
Responses Frequency Percentage
Lengthy procedures 10 40.00%
Delay in payment 12 48.00%
No follow up from staff 3 12.00%
Delay in payment is the major issue that is being faced

Analysis
On asking the students of London School of Business management on the issues
that are being faced by them 10 replied lengthy procedure, 12 says delay in payment is
the issue. However 3 say there is no follow up by staff. From the analysis of the
responses gained through survey it has been examined that majority of the respondents
believes that due to delay in payment the studies of the students are affected to a greater
extent. It has been determined that with the existence of delay due to inappropriate
information or data loss there is major issue being faced by the students. This has huge
impact on their studies and thus these results in affecting their future to a greater extent.
Theme 2: There is greater role of SFE in carrying out studies with effectiveness
Responses Frequency Percentage
Strongly disagree 3 12.00%
Disagree 4 16.00%
Neutral 3 12.00%
Agree 7 28.00%
Strongly agree 8 32.00%
Lengthy procedures Delay in payment No follow up from staff
0
0.1
0.2
0.3
0.4
0.5
0.6
40.00%
48.00%
12.00%
Column D
Figure 1

There is greater role of SFE in carrying out studies with effectiveness
Analysis
On asking the students of London School of Business management regarding role
of SFE in carrying out the studies with efficiency 3 respondents strongly disagrees, 4
disagree, 3 students neither agrees and nor disagrees with the view. However 7 agree and
8 strongly agree with the statement. From the analysis of the responses gained through
survey it has been gained that majority of the respondents strongly agrees with the view
that Student Finance England has greater role in assisting students to carry out their
studies with effectiveness. This is due to the reason that they provide educational loan
with which they can carry out their studies in an appropriate manner.
Theme 3: Financially weaker students can make better future planning through
loan amount
Responses Frequency Percentage
Yes 13 52.00%
No 12 48.00%
12.00%
16.00%
12.00%
28.00%
32.00%
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Figure 2

Financially weaker students can make better future planning through loan amount
Analysis
On asking the students of London School of Business management regarding
whether or not financially weaker students can make better planning through loan
amount. 13 respondents replied yes while 12 say no to the statement. From the analysis of
the responses gained through survey it has been gained that majority of the respondents
believes that financially weaker students can make better planning through loan amount.
This is because with the assistance of loan they can plan their studies in an appropriate
manner. Moreover they can afford quality education from top ranked institutions as well.
Thus they can make their life a better one.
Interpreting and analyzing the results in terms of original research specification
From the study carried above it has been determined that (SFE) Student finance
England, for funding student of LSBM tuition fee. It can be inferred from the
investigation that there is huge importance of educational loan in the present era. With
the assistance of this one can get quality education in an effective manner. Moreover it
act as an aid in supporting financially weaker section of the society in upgrading their
knowledge so as to attain better opportunities for future. It has been analyzed from the
Yes
No
0.45 0.46 0.47 0.48 0.49 0.5 0.51 0.52
Column D
Figure 3

proposed investigation that there are different t6ypes of students to whom the loan is
being offered. This includes part time students, continuing full time and new full time
students. The company offers them tuition fees so that they can gain quality education
from renowned institutes. There is greater role of Student Finance England in offering
opportunity to the students to repay the loan after completing the education. In addition to
this they also allow students to repay the amount after they start earning. This acts as a
boon for the students in performing their studies in an effective manner.
From the study it has been gained that there are several issues that are being faced
by the students while taking loan. This includes delay in payment which affects the
studies of the candidate to a greater extent. In addition to this due to ineffective
management of the data the useful information is lost. This hampers the process of loan
to a significant level.
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.
RESEARCH CONCLUSION
From this project report it has been concluded that SFE plays a vital role in the
growth and development of students. It can be seen in the report that it provides financial
assistance to the students of London business school at very concessional rate. It makes
contribution the development of the career of bright students which also proves to
beneficial for the nation.

REFERENCES
Journals and Books
Ai-hua, L. I. A. N. G., 2006. The discussion on credit stinting in running student loans of
our country's commercial banks: taking federal family education loan program of
US as a reference. Journal of Higher Education. 12. pp.011.
Archer, L., Hutchings, M. and Ross, A. 2005. Higher education and social class: issues
of exclusion and inclusion. Routledge.
Black, H. T. and Duhon, D. L., 2006 . Assessing the impact of business study abroad
programs on cultural awareness and personal development. Journal of Education
for Business. 81(3). pp. 140-144.
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.
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.
Harrison, L. R. and Reilly, M. T., 2011. Mixed methods designs in marketing research.
Qualitative Market Research: An International Journal. 14(1). pp.7-26.
Hill, H. L., 2007. Thoughts for students considering becoming qualitative researchers –
Qualities of qualitative researchers. Qualitative Research Journal.7(1). pp.26–31.
Kothari, R. C., 2011. Research Methodology: Methods and Techniques. New Age
International.
Mayadas, A.F., Bourne, J. and Bacsich, P., 2009. Online education today. Science.
323(5910). pp. 85-89.
Pennell, H. and West, A., 2005 . The impact of increased fees on participation in higher
education in England . Higher Education Quarterly. 59(2). pp.127-137.
Starkey, K. and Tiratsoo, N., 2007 . The business school and the bottom line. Cambridge
University Press.
Varghese, N. V., 2008 . Globalization of higher education and cross-border student
mobility. Paris, France: Unesco, International Institute for Educational Planning.
Online
Remelts, G., 2015. Research techniques and tools. [Online]. Available through:
<http://www.calvin.edu/academic/rit/webBook/chapter4/Sec2/>. [Accessed on 26th
October 2015].

Sondargaared, P., 2015. Research methodology. [Online]. Available through:
<http://www.gartner.com/technology/research/methodologies/>. [Accessed on 26th
October 2015].
Student Finance England. 2015. [Online]. Available through:
<https://petition.parliament.uk/archived/petitions/56312>. [Accessed on 26th
October 2015].

APPENDIX
Questionnaire
For the students of London School of Business Management
(Kindly take few minutes to provide your responses. Your feedback is appreciated)
Name:
Age:
Gender
 Male
 Female
1. Are you satisfied with the educational loan facility provided by Student Finance
England?
 Yes
 No
2. Do you think financially weaker students can make better future planning through loan
amount?
 Yes
 No
3. What are major issues that you face while taking loan?
 Lengthy procedures
 Delay in payment
 No follow up from staff
4. To what amount you have taken loan?
 Up to £6,904
 Up to £8,200
 Up to £10,702
5. For what type of student loan you have applied for?
 New full time student
 Continuing full time student
 Part time student
6. Do you agree with the view that there is greater role of SFE in carrying out studies
with effectiveness?
 Strongly Disagree
 Disagree
 Neutral
 Agree
 Strongly agree

7. Recommend the improvements that can be bought by SFE to enhance students’ life?
________________________________________________________________________
________________________________________________________________________
__________
On the basis of responses gained through survey several themes have been
developed. This would assist in gaining the research aim and objectives in an effective
manner.