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A stipend is a form of salary, such as for an internship or apprenticeship.tipend has a specific, different, use in the Church of England, meaning the salary of a stipendiary minister, one who receives payment directly from the diocese (as opposed to other forms of disbursement such as free use of a house in return for clerical duties, known as house-for-duty).
Scholarship Stipend Payments. A scholarship is generally an amount paid or allowed to, or for the benefit of, a student at an educational institution to aid in the pursuit of studies. See IRS Publication 970. Individuals receiving scholarship stipends are not employees of the University. Scholarship Stipends are typically paid on a quarterly basis at the beginning of each academic quarter. Scholarship stipends are not subject to withholding of income taxes, Social Security, or Medicare.