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A stipend is a form of payment or salary, such as for an internship or apprenticeship. Stipends are usually lower than what would be expected as a permanent salary for similar work. This is because the stipend is complemented by other benefits such as instruction, work experience, food, accommodation, and personal satisfaction. Universities usually refer to monies paid to graduate research assistants as a stipend, rather than as wages, to reflect complementary benefits. However, one benefit is that most stipends aren't taxed. In Christianity, a stipend is a fixed pay or salary, or restitution for work done.

In Malta, a stipend is given to each Maltese undergraduate student attending university, and to students attending any post-secondary school education, in order to encourage them to continue in their studies rather than stopping their education after compulsory secondary school.

Education finance | Christianity

 

This article is licensed under the GNU Free Documentation License. It uses material from the "Stipend".

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