FACTORS AFFECTING THE DEBT LEVEL AMONG POSTGRADUATE STUDENTS IN
ISLAMIC SCIENCE UNIVERSITY OF MALAYSIA (USIM)
SITI NAZIFA BINTI YUSOF 2008763473
BACHELOR OF BUSINESS ADMINISTRATION (HONS) FINANCE
FACULTY OF BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA KAMPUS BANDAR RAYA MELAKA
OCTOBER 2010
BACHELOR OF BUSINESS ADMINISTRATION (HONS) FINANCE
FACULTY OF BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA
MELAKA CITY CAMPUS
“DECLARATION OF ORIGINAL WORK”
I, Siti Nazifa Binti Yusof, (I/C Number: 870207-49-5450)
Hereby, declare that,
•
This work has not previously been accepted in substance for any degree, locally or overseas and is not being concurrently submitted for this degree any other degrees.
•
This project paper is the result of my independent work and investigation, except where otherwise stated.
•
All verbatim extracts have been distinguished by quotation marks and sources of my information have been specifically acknowledged
Signature: Date:
LETTER OF SUBMISSION
28th October 2010 The Head of Program
Bachelor of Business Administration (Hons) Finance Faculty of Business Management
Universiti Teknologi MARA Melaka City Campus
Dear Sir,
SUBMISSION OF PROJECT PAPER
Attached is the project paper titled “THE FACTORS PREDICT THE DEBT LEVEL AMONG POSTGRADUATE STUDENT IN ISLAMIC SCIENCE UNIVERSITY OF MALAYSIA (USIM)”
to fulfill the requirement as needed by the Faculty of Business Management, University Teknologi MARA
Thank you
Yours sincerely,
SITI NAZIFA BINTI YUSOF 2008763473
Bachelor of Business Administration (Hons) Finance
TABLE OF CONTENT
ACKNOWLEDGE
TABLE OF CONTENTS LIST OF TABLES LIST OF FIGURES ABSTRACT
CHAPTERS PAGE
1. INTRODUCTION
Preamble 1
Background of the Study 2
Statement of Problem 3
Research Questions 4
Research Objectives 4
Hypothesis 5
Significance of Study 5
Limitation of study 6
Definition of Terms 7
Summary 10
2. LITERATURE REVIEW Introduction 11
Definition of debt 11
Overview of Financial aid 13
Marital status and family background 14
Usage of credit card 15
Weak in financial management 16
Theoretical Framework 17
Summary 13
3. RESEARCH METHODOLOGY
ABSTRACT
The purpose is to examine the factors that affect debt level among postgraduate student in USIM. A sample of 80 students were volunteered to complete multiple self report instrument for the data collection process. Data was then aggregated and analyzed using Descriptive and Pearson Correlation analysis. Most of the postgraduate students are experienced moderate level whereas others considered as high. The result indicated that marital status is the most factors in affecting the student’s debt level. However, financial aid and credit card usage also had an important role in cumulating the debt level. The study correlates with a discussion of results, limitations and implications for research and practitioners.
