
Stipend Request Form Concord University
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People also ask
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What is a stipend request?
Stipends are provided to those ineligible to receive a regular salary or wage in return for their services. Researchers, graduate students, clergy, interns and apprentices are common recipients.
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Do stipends count as income?
Stipends are considered taxable income by the IRS if they don't belong in the pre-tax or non-taxable categories. Companies must list the benefits on employees' W-2 forms and withhold state and federal taxes ingly.
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Do you have to pay stipend back?
You don't have to return any financial aid. If the aid is in the form of teaching or research assistantships, it is easy to see why - you were paid for your work (either teaching/research) that you did during your PhD. So if you stop doing the work, you stop getting paid, just like any other job.
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What is an example of a stipend?
Companies pay stipends as a fixed amount, usually distributed company-wide or to specific teams or roles. For example, salespeople might receive a transportation stipend to cover their expenses on the road.
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What does it mean to be paid in stipend?
A stipend is a fixed amount of money provided to people pursuing unpaid work to help offset expenses such as housing and food. A stipend may exempt a person partially or entirely from waged or salary employment.
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Does Concord University accept FAFSA?
You need to reapply for aid each year using the FAFSA. Aid changes each year based upon changes in the family's financial situation and changes in college expenses. Satisfactory Academic Progress Standards will also apply, along with the established renewal requirements for state and institutional aid.
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