Stipends
A stipend is a taxable fellowship typically used as a living allowance which includes payments to the student or credits to a student’s account other than those defined as non-taxable fellowships. There is no requirement that the recipient perform any services for the benefit of the University as a condition of receiving the payment and these payments are often made as an incentive for students to attend a class or participate in a particular program at the University. In no instance is a stipend a payment involving services. Travel and Reimbursement Services is responsible for Internal Revenue Service reporting of stipend payments of $600 or more in a calendar year (IRS Form 1099 misc). The department is responsible for providing the social security number and home address for the individual to be paid. The payment will be direct deposited to individual’s account or mailed to the recipient’s home address. The IRS Form 1099 misc will be sent to the recipient’s home address. It is the stipend recipient’s responsibility to maintain a corrected address on file with the University. A stipend must be submitted for payment on a purchase order with a detailed description of its purpose contained within the purchase order text.