Fellowship Payment Information
Stipends: Stipends are paid directly to the students on a monthly basis. Fellows can elect to either receive their payment by check, or enroll in direct deposit. Direct deposit is highly recommended as it decreases chances of lost or delayed payment. Payments by check are usually delivered by the 5th day of each month. For direct deposit, funds will be credited to the student's bank account 1 to 2 days prior to the end of the previous month.
Tuition and fees: Tuition and fees are paid directly to the educational institution by check. Depending on the payment plan prepared by the student's Project Officer, this payment is usually paid out in semesters. Payments made to the student's educational institution are as follows:
|Fall: 1 September||
Spring: 1 December
Summer: 1 May
Expense Allowances An Expense Allowance is also paid directly to the educational institution. It is usually paid in full in the FALL Semester. This money belongs to the student but is maintained by the institution. Please refer to your Fellowship Agreement under Fellowship Conditions for further explanation on what these funds are intended for.
Fellowship Stipend Payment Enrollment Form: This form is used to enroll in direct deposit. After enrolling in this program, your monthly stipend will be deposited into your personal banking account. This form must be faxed to the Las Vegas Finance Center at (702) 798-2423 or mailed to the following address:
Las Vegas Finance Center
4220 S. Maryland Pkwy, Bldg C, Rm 503
Las Vegas, Nevada 89119
Completion of Studies Notice: The student must complete this form and submit it to the LVFC immediately before or within 90 days after the termination date of the fellowship or the student is in violation of the terms of the agreement. Please refer to your Fellowship Agreement under Fellowship Conditions for further information.