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Stipend pay refers to a fixed, regular payment made to individuals, often to cover specific expenses or provide financial support for particular activities, such as internships, fellowships, or educational programs. Unlike a salary, stipends are typically not tied to hours worked and may not be subject to the same tax regulations. They are often used to help cover living costs, travel, or educational materials, making them a common form of compensation in academic and professional development settings.
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Is stipend pay tax free?
no
How do you use stipend in a sentence?
After Alex bought a new bike, he was on a stipend with his mom to pay her back.
What is the fee called that is paid to a student in a profession?
Some internships pay a stipend. A stipend is usually just enough to cover expenses with a little extra.
Can an americorps living stipend be enough to pay rent?
I did it in Indianapolis for a year, but I lived in a studio apartment.
Does British government pay Queen Elizabeth a yearly stipend?
Yes, $12.9 million per year.
What is a sentence for stipend?
his payments were stipend
How do you use the word stipend in a sentence?
An example of using stipend in a sentence would be, 'My mom was offered a stipend instead of a regular salary. ' Stipend is usually a small amount of money paid to someone.
Does a Power of Attorney receive a stipend for their services?
It is not typical to pay someone to be power of attorney. Arrangements can certainly be made to compensate them for time and expenses.
Use stipend in a sentence?
After the car accident, Haley was on a stipend from the university while she recovered.
What is the definition of stripend?
It is possible that you mean 'stipend' rather than 'stripend'.Dictionary.com defines stipend as:1. a periodic payment, esp. a scholarship or fellowship allowance granted to a student. 2. fixed or regular pay; salary. It gives its origin as being from the Latin stīpendium, meaning soldier's pay, which in turn comes from stipi or coins and pend(ere) to weigh out.
Is stipend taxable?
If the stipend was for books or education, it is not taxable. Other stipends may be taxable depending on their purpose.
What is a clergyman's salary?
STIPEND
