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The purpose of this study is to examine economic distress arising from COVID-19 shutdowns as a factor in development of anxiety symptoms among undergraduate students in Anambra State, Nigeria. Five research questions guided the study. Correlational research design was used in carrying out the study. A multi-stage sampling procedure was employed in the selection of 1,900 participants for this study. The instruments for data collection are questionnaires titled; “Distressing Economic Survey Questionnaire (PESQ)” and “Beck Anxiety Inventory (BAI)”. The reliability coefficients of the instruments were 0.93 for PESQ and 0.92 for BAI. Data was collected by sending the questionnaires along with the consent form appended to it through e-mails, WhatsApp and Telegram messengers to the contacts of the participants and analyzed using range of aggregate scores in answering the research questions 1-3., Pearson r. for research questions 4-5. The findings showed that the undergraduate students’ living status and housing condition are low contributory factors in the development of anxiety symptoms in Anambra State. Based on the findings of the study, it was recommended among others that there is a serious need to have fully functional guidance counsellors in the university who are not combining counselling with teaching. These guidance counsellors in the school will help to explore varieties of ways of coping with the distressing economic conditions to reduce feelings of anxiety and possibly handling the anxiety before it becomes a source of problem to the students. Article History Received: 03 June 2020 Accepted: 15 September 2020

Economic Distress Arising From Covid-19 Pandemic as a Factor in Development of Anxiety Symptoms among Undergraduate Students in Anambra State-Nigeria