Students participating in the 2016 Michigan Physics REU program will receive a stipend of $5000 for the ten-week duration of the program (June 6 to August 12, 2016). The stipend will be paid out on the following schedule:
Please note that the REU stipend is taxable. However, it is paid out of a financial aid account and not of a high enough value to trigger a tax form (i.e. W-2 or 1098T) from the university, so it will be considered Self-Reported Income on your income tax form.
If you have questions regarding this, the phone number for Student Financial Services is (734) 764- 7447.