A stipend is a form of compensation paid to individuals to help cover basic costs while they receive career training.
Stipends may be offered in place of or in addition to a salary.
Stipends are considered taxable income, which means that the recipient is responsible for their own withholding taxes. People who receive stipends don't have taxes withdrawn to pay for Medicare and Social Security. For the 2023 tax year, the withholding rate for both programs is 12.4% for Social Security and 2.9% for Medicare. You must report your earnings to the IRS at the end of the year on your 1040 tax form line item "L". (If you need assistance with understanding the tax implications of your stipend, please reach out to your program manager so they can set an appointment with our Economic Empowerment department for counseling)
WHAT DOES MY STIPEND COVER
FILLING OUT A CHECK REQUEST:
You will need to submit an invoice and a check request to receive your stipend payment.
Check requests are processed every week. Please submit your check request form to your program manager no later than Thursday at 5 pm each week so you can be paid the following week. This can be done via email (chw@ywcasa.org) or by dropping them to our front desk at 2318 Castroville Rd., 78237.
Payments are issued by paper check and can be picked up during business hours at our 2318 Castroville Rd location.
For most wraparound services provided (tuition, fees, books, etc...), the YWCA will pay the vendor directly. This is because YWCA San Antonio is a 501c3 non-profit and has tax-exempt status set up with many vendors. However, there will be times when that is not possible, and we will need to reimburse you instead. Please submit a separate check request with a receipt if reimbursement is required. We will reimburse for all items on the receipt except sales tax. If you need proof of tax-exempt status to submit to a vendor before making a purchase, please get in touch with your program manager.
*To use any of the templates below, open the link provided and then download it to your device.*
QUICK LINKS:
HOW TO - SCAN AND SEND DOCUMENTS - ANDROID
HOW TO - SCAN AND SEND DOCUMENTS - IPHONE