a periodic payment, especially a scholarship or fellowship allowance granted to a student.
2.
fixed or regular pay; salary.
Origin: 1400–50;late Middle Englishstipendie < Latinstīpendium soldier's pay, syncopated variant of *stipipendium, equivalent to stipi-, combining form of stips a coin + pend(ere) to weigh out, pay (see pend) + -ium-ium