Abstract:
This study investigated the impact socioeconomic factors have on the academic performance of students of Saint Monica’s College of Education in Mampong Ashanti. Consequently, the focus of this study was on how parental income levels impacted on the academic performance of students; the extent to which parental income influenced students’ academic performance and how family size influenced students’ academic performance. The population of the study comprised first and second year students, tutors and parents of the students. The sample was made of 100 students, 10 tutors and 12 parents. Student respondents were selected through the simple random sampling methods and tutors and parents were respectively selected through the purposive and convenient sampling procedures. Three separate questionnaires were used for data collection. Data collected were analysed with the use of descriptive statistical tools such as frequency tables and percentages. The results of the study showed that parent’s educational background, parent’s occupation, income levels and family size have impact on the academic performance of students. Also, it was found out that poor family background has negative effect on one’s academic performance since parents would not be able to provide one’s academic needs as expected. It was therefore recommended that every assistance students need must be provided by their parents to ensure smooth academic work. Also, school authorities must identify needy students and assist them accordingly. In conclusion, it was realized that the findings of this study confirmed earlier studies done in the same area.