As we enter the homestretch for the spring semester, there is an increase in the volume of payments made to students. Terms such as wages, stipend, prize, award, and fellowship are sometimes used interchangeably, but not always correctly. In an effort to help guide you in choosing the correct payment type for your situation, the Controller’s Office has developed a new flowchart and student disbursement definition document to guide you.
“Prizes, Stipends, Wages, and Awards – Oh My!” New forms to demystify payments to Students.
Submitted by: Andrea Bohn