Are stipends and fellowships the same?

<p>No, despite having some similarities, stipends and fellowships are not the same. Both the fellowships and stipends are forms of financial support for individuals in academic settings but neither is always considered regular employment compensation. Both can be included in fellowship programs, with stipends often being a component of fellowship funding.</p><p>Let us learn about the differences between a fellowship and a stipend below.</p><table border="1"><tbody><tr><th>Fellowship</th><th>Stipend</th></tr><tr><td>Support educational experiences</td><td>Support living expenses or costs</td></tr><tr><td>Enhance academic experience and career growth</td><td>Provide basic financial support</td></tr><tr><td>Some may include work expectations</td><td>Generally don't expect work in return</td></tr><tr><td>Can be considered compensation in some cases</td><td>Not considered compensation for services</td></tr><tr><td>Often funded by foundations, NSF, and NIH</td><td>Common in fellowships and training grants</td></tr></tbody></table>

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