Stipend

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Dictionary Says

Definition of 'Stipend'

A predetermined amount of money that is provided periodically to help offset expenses. Stipends are often provided to those who are ineligible to receive a regular salary in exchange for the duties they perform, such as interns. A stipend is generally lower than a salary would be, but the recipient is at the same time able to gain experience and knowledge in a specific field.
Investopedia Says

Investopedia explains 'Stipend'

A stipend allows an individual to pursue work that is normally unpaid by helping defray living expenses. Interns, apprentices, fellows and clergy are common recipients of stipends. Rather than being paid for their services, they are provided with stipends to provide financial support while engaged in the service or task. Often, a stipend is accompanied by other benefits, such as higher education and room and board. 

Search results for

'Stipend'

  • Are The Volunteer Corps Right For You?

    http://www.investopedia.com/articles/younginvestors/07/join-the-corps.asp
    ... Volunteers receive a living stipend (designed to cover just the necessities)
    along with free health insurance (with some restrictions). ...

  • Top 6 Fellowship Programs That Pay Off - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1011/Top-6-Fellowship-Programs-That-Pay-Off.aspx
    ... Compensation: Living stipend that varies based on placement location and health
    insurance (For related reading, see Health Insurance: Paying For Pre-Existing ...

  • 6 Alternatives To Going To College - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/6-Alternatives-To-Going-To-College.aspx
    ... months. Both AmeriCorps and Peace Corps provide a small living stipend, as
    well as other benefits including healthcare and child care. ...

  • What Does Winning A Gold Medal Mean For Your Finances? ...

    http://financialedge.investopedia.com/financial-edge/1211/What-Does-Winning-A-Gold-Medal-Mean-For-Your-Finances.aspx
    ... Some countries provide athletes with a monthly stipend – such as Canada's $1,500
    month payment to athletes from Sport Canada - and many athletes are able to ...

  • 4 Tips For Cutting Your College Costs

    http://www.investopedia.com/articles/younginvestors/08/survival-tips-college-bootstrappers.asp
    ... RAs typically receive free housing, food allowances and a modest stipend
    in exchange for part-time residential work at the dorms. ...

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