What is stipends?

A stipend is a fixed, regular payment given to individuals, often as financial support rather than as wages. It is commonly provided to interns, trainees, researchers, or volunteers to help cover living or travel expenses while they gain experience or contribute to a project. Unlike a salary, a stipend may not be tied to hourly work or employment benefits.

 
A stipend is a fixed, regular payment, usually meant to pay for something specific. It's kind of like an allowance, but for grownups — a college scholarship might include a stipend each semester for books, for example.
 
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