What Is The Stipend Based Training?
Generally, a stipend is simply a fixed sum of money paid periodically to cover expenses.
Companies that can’t afford to pay their interns on an hourly or monthly basis offer stipends to help students cover expenses that typically occur during the course of an internship. Candidates are not expected to cover the fees associated with an intern’s social life.
Some Internship opportunities can be full-time or part-time and they can be paid or unpaid as well.