Stipends

Stipends
  • Schools may receive Stipends that may be distributed at their discretion to all individuals who help run the STEM+ Academy. This usually includes the Academy Director and any sub-directors or assistant directors, and may also include principals, administrators, and teachers. The amount and distribution should be indicated in the NEF Agreement.
  • Stipends will be awarded at the midpoint and the end of the year.
  • Stipends will be awarded after program summaries have been submitted.
  • Midpoint stipends will be half of the total stipend amount, adjusted as follows:
    • For SM schools, midpoint stipends will be prorated based on the percentage of Green Statuses during the first half of the year.
    • For GP schools, midpoint stipends will be prorated based on the percentage of goals met at the midpoint of the year.
  • End of the year stipends will be half of the total stipend amount, adjusted as follows:
    • For SM schools, end of the year stipends will be prorated based on the percentage of Green Statuses during the second half of the year.
    • For GP schools, end of the year stipends will be prorated based on the percentage of goals met at the end of the year.
  • The NEF prefers to send stipends to school districts to be distributed through their payroll. If this is not possible, the NEF can send stipends directly to recipients as long as they send a completed W9 form to the NEF.