Financial Considerations for SitesPresently the recommended minimum stipend for a student
engaged in field education full-time during the summer is $3150; part-time
during the academic year is $2700; full-time for a year long placement is $1500
per month. In addition, the site is
required to reimburse the student for mileage for private vehicle use while on
official business. PTS recommends using
the IRS rate, currently 50.5¢/mile. The
site should also reimburse the student for pre-approved, out-of-pocket expenses
like supplies, trips, meals, or overnight lodging necessitated by the field
education work. Any reimbursement to the
student for expenses commuting to and from the site is considered earned income
and is therefore taxable.
Other considerations for Year Long Placements:
Medical Insurance presently costs $2150 per year for the
student policy through the Seminary.
Domestic placements pay round trip air fare or mileage costs
to Princeton plus expenses en route for the
annual intern conference if it is held, and allow for the time. Some give the student the weekend off as well.