what is a stipend 
a stipend is a form of compensation that is paid to certain individuals for services rendered other work or while they receive training stipends are often provided in lieu of or in some cases in addition to a regular salary they are often used to offset certain expenses and generally come in a fixed amount stipends are commonly paid to trainees interns students apprentices and clergy members individuals should be aware of the tax implications of stipends which are considered income but aren t immediately taxed 