Stipend

A stipend is a fixed, regular payment, typically provided to support individuals in their educational, training, or internship activities. Unlike a salary, which is often based on hours worked or specific tasks performed, a stipend is generally intended to cover living expenses, travel, or other costs associated with a position that may not be traditionally compensated.

Examples:

• A graduate student may receive a monthly stipend to assist with living expenses while conducting research.
• An intern at a nonprofit organization might be given a stipend to help cover transportation costs during their tenure.

Cases:

• In academic settings, stipends are often provided to teaching assistants as part of their financial aid package.
• Professional training programs might offer stipends to participants to help offset costs while they gain practical experience.