Payment Schedule
Students participating in the 2023 Michigan Biophysics REU program will receive a stipend of $6,000 for the ten-week duration of the program (June 3 to August 9, 2024) and will be paid out on the following schedule:
June 3, 2024: $3,000
July 12, 2024: $3,000
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.