Payment Schedule

Students participating in the 2016 Michigan Biophysics REU program will receive a stipend of $5000 for the ten-week duration of the program (June 6 to August 12, 2016).  The stipend will be paid out on the following schedule:

 Date Amount
 June 6, 2016
 June 13, 2016 $500 
 June 27, 2016 $1000 
 July 11, 2016 $1000 
 July 25, 2016 $1000 
 August 8, 2016$1000
 Total $5,000

Tax Information

Please note that the REU stipend is taxable.  However, it is paid out of a financial aid account and not of a high enough value to trigger a tax form (i.e. W-2 or 1098T) from the university, so it will be considered Self-Reported Income on your income tax form.

If you have questions regarding this, the phone number for Student Financial Services is (734) 764- 7447.