a sum of money allotted on a regular basis; usually for some specific purpose
"The university provided her with a monthly stipend to help cover living expenses while she completed her research."
salary
"The university awarded him a stipend to cover his living expenses while he completed his doctoral research."
To provide (someone) with a stipend.
"The university agreed to provide each research assistant with a monthly stipend to cover living expenses while they worked on their thesis."