OWNERSHIP AND FUNDING MECHANISMS OF PRIVATE SECONDARY EDUCATION IN EBONYI STATE

Abstract

This seminar paper focused on ownership and funding mechanisms of private secondary education in Ebonyi State. Two corresponding research questions and null hypotheses were formulated to guide the study. Comprehensive related literature was reviewed not only to serve as a guide to the research but also to give insight into what has already been done by other researchers in the related areas of the study. A descriptive research design was adopted for the study. The population of the study consisted of two hundred and twenty- one principals in private secondary schools in Ebonyi State. The entire population was used in the study and as such there was no sampling. The instrument was validated by three experts, one expert from Science Education Department and two experts from Educational Foundations Department, Ebonyi State University, Abakaliki. The reliability of the instrument was determined using Cronbach Alpha technique which yielded a reliability coefficient of 0.78. Mean (x) and standard deviation (SD) were used to answer the research questions while t–test statistics was used to test the null hypotheses at 0.05 level of significance. The findings from the data analysis revealed that ownership pattern in establishing Private Secondary Schools is based on corporate ownership, 
partnership, individual ownership, religious organization, community organization and non- governmental organization in Ebonyi State. secondly that; internal fundings for suitability of private secondary schools in Ebonyi State are through endowment funds, parental contribution, profit from school enterprises, tuition fees and agricultural produces and that external funding mechanism are employment by private secondary schools are through: Government Grants and Subsidies, Aorporate sponsorship, Non-Governmental Organization, Philanthropic individual or foundations, Donation from old boys and girls and International aids and development initiative. Based on the findings the study recommended that Government should organize capacity-building workshops geared toward effective policy on the establishment of private secondary schools.