International Journal of Academic and Applied Research (IJAAR)
  Year: 2020 | Volume: 4 | Issue: 8 | Page No.: 52-60
Influence of Educational Financing Challenges on the Enrollment, Dropout and Graduation Ration among students of Distance Learning Education in National Open University Nigeria
Olatunbosun Odusanya

Abstract:
The challenges of educational financing among students of distance learning education is critical to National development. Students of Distance learning education often find it difficult to pay their school tuition fee at the implementation of the increase tuition fee policy in Federal Universities in Nigeria. National Open Universities of Nigeria is not an exemption from this increase tuition fee payment. This policy would have multiple effects on Nigeria student welfare. Thus, this study investigated the influence of educational financing challenges on the enrolment, dropout and graduation ratios among students of distance learning education in National Open University of Nigeria. This study employed the descriptive survey method. Parameters such as enrollment ratio, drop out ratio and graduation ratio was used to determine educational financing challenge caused by increase school tuition fee policy. Primary Data was used to obtain information on educational financing challenges among five hundred students in faculty of Education. But only three hundred and fifty students returned questionnaire were found useful for this study. This paper revealed that educational financing challenge will lead to decrease in enrollment ratio among students of distance learning in National Open University of Nigeria, educational financing challenge would lead to increase drop out ratio among students of distance learning in National Open University of Nigeria and that there is a significant relationship between educational financing challenge and graduation ratio among students of distance learning in National Open University of Nigeria. This study advise the need for Government to seek alternative options of fund generation sources for public Universities in Nigeria instead of implementing increase tuition fee policy in Nigeria Universities.