Unravelling the Financial Struggles of Private Schools: An In-Depth Look at Internal Funding Sources and Trials

Victor Chukwubueze Nkedishu
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Victor Chukwubueze Nkedishu: Department of Educational Management and Foundations, Delta State University Abraka

International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 8, 6550-6560

Abstract: Unravelling the financial struggles of private schools: An in-depth look at internal funding sources and trials was examined in this study. It employed a descriptive survey method within an ex-post-facto research design. The population consisted of 1533 principals from private secondary schools, with a sample of 153 principals selected through stratified random sampling. Data was collected using a self-developed questionnaire titled "Internal Funding and Trails Questionnaire (IFTQ)," which demonstrated a Cronbach alpha reliability of 0.86. Mean, standard deviation, and t-test analyses were conducted. The results revealed that internal funding sources included school fees, additional lesson payments, and income from school activities. Trials faced included late fee payments, lack of income-generating activities, and limited tuition fees. Recommendations emphasized active parental and teacher involvement in fundraising and highlighting the importance of financial support for schools.

Date: 2025
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