Support Intervention Plan to Address the Impact of the Oil Crisis on the Lives and Academic Experiences of Business Students in Nueva Ecija, Philippines

( Vol-12,Issue-3,May - June 2026 )

Author(s): Dr. Nestor C. Natividad, Isagani F. Pascua, Rhomark D. Jardiel, Rolando P. Corpuz, Gerald A. Quijano

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Page No: 113-121
DOI: 10.22161/ijaems.123.11

Keywords:

oil crisis, business students, academic performance, financial stress, coping strategies, support interventions

Abstract:

This study examined the impact of the oil crisis on the lives and academic experiences of business students at the Nueva Ecija University of Science and Technology (NEUST) – Atate Campus, Palayan City, Nueva Ecija. It focused on students enrolled in the Bachelor of Science in Business Administration (BSBA) and Bachelor of Science in Entrepreneurship (BS Entrep) programs under the College of Management and Business Technology. The study aimed to determine the effects of the oil crisis in terms of transportation expenses, daily living expenses, financial stress, attendance, concentration, and academic performance, as well as the coping strategies employed by students. A quantitative descriptive research design was utilized, with data collected from 201 randomly selected respondents using a structured questionnaire with a four-point Likert scale. The findings revealed that students strongly agree that the oil crisis significantly affects their transportation expenses, daily living expenses, and financial stress. Meanwhile, the impact on attendance, concentration, and academic performance was found to be moderate. Students coped with these challenges by budgeting their allowance, reducing non-essential expenses, and seeking alternative transportation. The study recommends the implementation of support interventions to help students manage the challenges brought about by the oil crisis.

Received: 10 Apr 2026; Received in revised form: 06 May 2026; Accepted: 10 May 2026; Available online: 13 May 2026

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