Student Internship Stipend Program FAQ 

 

Q: What is a stipend?

A: A stipend is a fixed payment to assist with expenses incurred while on your unpaid internship. 

Q: Does the stipend have to be paid back?

A: The stipend is not a loan and does not have to be paid back as long as you complete your internship. 

Q: Is the stipend taxable?

A:  The stipend will be reported to the IRS and you will receive tax documents for the amount of the award. Please consult a tax advisor with regards to preparing your tax return and possible tax liabilities.

Q: If the stipend is taxable, will you withhold for taxes?

A:  No

Q: What is the amount of the stipend?

A: While the amount is subject to change, we anticipate the value of each stipend awarded to be approximately $6,300.00

Q: Who is eligible to apply?

A: If you have received an email from us regarding the D.C. Stipend Program you are encouraged to apply. A minimum GPA of 3.2 is the only eligibility requirement.

Q: How do I apply?

A: Follow the instructions and complete the application at:  http://www.studentinternshipstipendprogram.com

Q: When is the deadline to apply?

A: The deadline to apply is on April 15, 2019 at 11:59 pm Central Standard Time .  Late applications cannot be accepted.

Q: When will a decision be made or when will I be notified if I was awarded a stipend?

A: Award notifications are scheduled for May 3, 2019

Q: If I am awarded a stipend, when will I receive it?

A: The stipend will be disbursed in two equal payments.  The first payment is will be disbursed the 1st week of your internship .  The second disbursement will be made at the halfway point of your internship. If you are awarded a stipend, you will be given more specific dates. 

Q: I have never completed a FAFSA and cannot get a Student Aid Report, what do I do?

A: We understand some students never have needed to apply for student aid for a variety of reasons; simply provide a brief explanation on how you have paid for your educational expenses, including room and board, while pursuing your degree(s).

Q: Do I have to provide official transcripts?

A: Unofficial transcripts will suffice as long as they are current.