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)
Click below for answers to commonly asked questions about payments to students.
Payroll or Accounts Payable Payment Type