Stipend often implies regular financial support for ongoing work, not a one-time payment. Her stipend arrived monthly while she conducted the research.
Pro Tip 2/3
Not a Wage
Unlike a salary, a stipend isn't always compensation for a job, but it can help with expenses. The internship offers experience and a small stipend to cover lunches.
Pro Tip 3/3
Taxable Income
Stipends may be taxable income in some contexts, so it's essential to be informed. He set aside part of his monthly stipend for tax obligations.