Payments to Students

Students may receive payments for a variety of reasons. It is important to understand these payments are not wages, however, they may be taxable. Examples include:

  • A one-time award or prize to honor a student's achievement;
  • Funds are awarded to conduct a project for a student's personal educational benefit (often called a fellowship). The student may be mentored by a member of the faculty or staff, and may pursue the project on campus, but the payment is not for services rendered to the College;
  • Funds are awarded for career exploration purposes. The student may coincidentally be providing a service to an outside organization, but the funding is paid to the student;
  • A service is performed by a student that is comparable to that of an independent contractor hired by the College. Examples: entertainers hired to perform at an event, authors hired to write a specific article for the Bowdoin magazine.

Fellowship/Scholarship Direct Deposit Authorization Form (For students who are not on payroll)

FAQ

Click below for answers to commonly asked questions about payments to students.

Payroll or Accounts Payable Payment Type