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.
The amount of the taxable stipend is ~$2400, which is distributed in three installments of $800 at 21 day intervals. These funds are intended to help subsidize the cost of meals, transportation, and general living expenses. Housing and other program materials are provided by the MED Program.