1 Consider starting a psychology club at your school. 2  Look for volunteer opportunities in your community. 3  Start looking at universities during your junior year.  Get to know your teachers so that they will be able to offer good letters of recommendation.
A stipend is a fixed, regular payment, usually meant to pay for something specific. It's kind of like an allowance, but for grownups â a college scholarship might include a stipend each semester for books, for example.
Two common ways to repay employees exist for small business - mileage reimbursement and monthly mileage stipends. The amount small businesses pay for mileage reimbursement depends on the actual miles employees accumulate. A monthly stipend is a predetermined fixed amount a business pays an employee for mileage expenses.