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Stipend

A stipend is a fixed regular sum of money paid as a form of financial support or compensation, usually to enable participation in an activity rather than as wages for hours worked. The term, which derives from the Latin stipendium, is commonly used in academia, research, and nonprofit programs to support students, fellows, interns, volunteers, or scholars while they study or conduct work. Unlike a salary or hourly wage, a stipend is not necessarily tied to hours performed and may be conditional on enrollment, program completion, or progress requirements; in some contexts stipends accompany paid positions while in others they function as living allowances or scholarships. The exact meaning and tax treatment vary by country and program.

Stipends are widely used in universities for doctoral students and postdoctoral researchers, in fellowships or internships

Etymology and usage aside, stipends serve to reduce financial barriers to participation and to acknowledge the

offered
by
governments,
NGOs,
or
think
tanks,
and
in
volunteer
or
service
programs
that
require
a
participant
to
relocate
or
live
on
a
program
budget.
Some
programs
include
stipends
for
housing,
meals,
travel,
or
other
costs,
while
others
provide
only
a
basic
allowance.
The
amount
may
be
modest
and
insufficient
for
a
full
living
wage,
and
stipends
may
be
taxable
income
depending
on
jurisdiction
and
the
source
of
funds.
contributor’s
time
or
effort
within
a
sponsored
program.
Related
terms
include
scholarship,
grant,
fellowship,
and
grant-funded
internship.