Description
University of Illinois System students may receive payment from the system for assistantships, awards, fellowships, grants, research support, scholarships, traineeships, travel, etc. The type, purpose, and primary beneficiary (student or University of Illinois System) of a payment determines how it is processed and whether it must be reported to the Internal Revenue Service (IRS) and/or the student’s university Financial Aid Office.
For more information, visit: https://www.busfin.uillinois.edu/paying_people/payments_to_students/