Internship Stipend

An internship stipend is a fixed amount of money that companies or organizations provide to interns, usually to help cover living expenses during their internship period. Unlike a salary, which is a payment for work done, a stipend is often seen as a financial support to help interns gain valuable experience without needing to find a separate job. Stipends can vary widely depending on the industry, location, and length of the internship, and they may be offered instead of or in addition to other benefits, like academic credit or networking opportunities.