Stipend

A stipend is a regular fixed sum of money paid for services or to defray expenses, such as for scholarship, internship, or apprenticeship.^[1] It is often distinct from an income or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to undertake a role that is normally unpaid or voluntary, or which cannot be measured in terms of a task (e.g. members of the clergy).^[2][3] A paid judge in an English or Welsh magistrates' court was formerly termed a "stipendiary magistrate", as distinct from the unpaid "lay magistrates". In 2000, these were respectively renamed "district judge" and "magistrate".

Stipends are usually lower than would be expected as a permanent salary for similar work. This is because the stipend is complemented by other benefits such as accreditation, instruction, food, and/or accommodation.

Some graduate schools make stipend payments to help students have the time and funds to earn their academic degree (i.e. master's and doctoral degrees). Universities usually refer to money paid to graduate students as a stipend, rather than wages, to reflect complementary benefits.^[4][5]