Stipend

A stipend is a fixed, regular payment provided to individuals, often students, interns, or trainees, to support their living expenses during a specific period. Unlike wages or salaries based on hours worked, stipends are usually predetermined amounts meant to assist with basic needs while the recipient gains experience, education, or training. They are common in internships, research programs, and volunteer roles, helping participants focus on their work or studies without financial hardship. The amount can vary depending on the organization, program, or location, and it's generally not considered a salary but a form of financial support.