<p>what is a stipend payment? I attend college online, and my financial statement shows a negative ($750.00) dollar amount under ‘payment’ and it’s description is “Stipend - 042FFUN 2008-09.”</p>
<p>If you google “stipend definition”, you will find a number of definitions that may specifically fit your particular circumstance. In general, it is a sum of money paid to support some form of activity. Within the college/academia context, it is typically awarded to support study or to be used as a supplement for living expenses.</p>
<p>Contact your institution’s bursar’s office. They can identify the code “042 FFUN 2008-09”, and provide the detail as to why it was awarded, and if there are specific obligations on your part as a stipend recipient.</p>
<p>I just don’t understand why it is a negative dollar amount either. I came across it this weekend, but I am going to contact my financial aid advisor during the week.</p>
<p>A negative balance on my daughter’s account means they owe her money.</p>