What Is A Stipend And How Does It Work
In this article, we’ll discuss what a stipend is, what it’s used for and how it differs from a salary. What Is a Stipend? In basic terms, a stipend is a fixed amount of money paid to an individual for a specific purpose, namely to cover expenses and/or living costs associated with work or study. Not to be confused with a salary, a stipend may only be offered in certain circumstances....