E-Stripend Guidelines For Principal Investigators
E-Stipend is a faster, more secure stipend and scholarship payment service for Principal Investigators and stipend/scholarship recipients. Stipends and scholarships with three or more equal monthly payments are converted into electronic payments via direct deposit instead of checks. Stipends with fewer payments will remain on a paper check basis.
The benefits of the S-Stipend service include:
- No lost, missing, or late checks. No check cashing fees for students or research assistants. No need for costly messenger service to distribute checks to campuses.
- Payments are automatically generated on the same day of each month resulting in a more timely and predictable recurring payment schedule known in advance.
- Project Directors and PIs can modify payments with minimal involvement.
- Stipend/scholarship payments will be made electronically into the recipient's checking account via direct deposit. The RF will establish a free E-Fund account for recipients without a checking or savings account to facilitate direct deposit. Note: The student must be able to provide a valid social security number.
Instructions:
If this is a new enrollment of stipend/scholarship recipients-
Assemble the following documents for each eligible student:
| Stipend Fellowship Information |
|
Banks Information |
| For U.S. citizens & resident aliens:
|
|
If the student already has a bank
account:
Direct
Deposit Enrollment Form
|
| OR |
AND ONE OF |
OR |
| For non-resident aliens:
|
THE
FOLLOWING |
If the student does not have a bank account:
Stipend account E-Fund
Enrollment Form |
How do I request stipend payments?
RF Login Required