stipend

IPA: stˈaɪpʌnd

(archaic) A regular fixed payment made to someone (especially a clergyman, judge, soldier, or teacher) for services provided by them; a salary. [from Template:SAFESUBST: c.]
(by extension)
Some other form of fixed (and generally small) payment occurring at regular intervals, such as an allowance, a pension, or (obsolete) a tax. [from Template:SAFESUBST: c.]
(education) A scholarship granted to a student. [from Template:SAFESUBST: c.]
(obsolete)
Money which is earned; an income.
A one-off payment for a service provided.

(transitive, obsolete or historical) To provide (someone) with a stipend (an allowance, a pension, a salary, etc.). [from Template:SAFESUBST: c.]

Examples of "stipend" in Sentences

The internship position offers a stipend to cover transportation costs during the program
As a research assistant, I received a monthly stipend for my work in the lab
The company provides a generous stipend for employees who choose to further their education
The stipend offered by the nonprofit organization helped offset the costs of volunteering abroad
Our university offers a stipend for graduate students to assist with living expenses while completing their studies