Paid Internship: An internship where you receive a monthly stipend for your work.
Example
An offer that says "₹15,000 per month stipend for 6 months" is a paid internship.
Why Paid Internship matters for IT interns
Pay isn’t the only thing that matters, but always confirm the amount and payment schedule in writing before you join.
Where you will hear it
You will come across this term while searching for internships, reading offers, and talking to recruiters or your college placement cell. If someone uses it and you are not sure what they mean in your project, it is completely fine to ask; every team uses terms a little differently.
Related terms
- Notice Period: The time you must keep working after you resign, or that a company gives before ending your role.
- Off-Campus Placement: Applying for internships or jobs on your own, outside the college placement process — through career pages,…
- Onboarding: Your first days or weeks when the company sets you up: accounts, laptop, access, policies, team introductions…
- Pre-Placement Offer (PPO): A full-time job offer given to an intern before regular campus placements, usually because they did well…
- Probation: A trial period after joining as a regular employee, when the company reviews your performance before…
- Selection Process: The steps a company uses to choose candidates, such as an online test, coding round, technical interview and…
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Related guides
- IT Internship Guide for Students in India
- How to Apply for an IT Internship
- Internship Offer Letter: What to Check
Frequently asked questions
What is Paid Internship?
An internship where you receive a monthly stipend for your work.
What is an example of Paid Internship?
An offer that says "₹15,000 per month stipend for 6 months" is a paid internship.
Why does Paid Internship matter for IT interns?
Pay isn’t the only thing that matters, but always confirm the amount and payment schedule in writing before you join.
Explore more internship terms
The IT Internship Glossary explains 199 terms you will hear before and during your internship, with simple definitions and real examples.
Browse all 199 terms
About the author
Dhaivat has 16+ years of experience in the IT industry, working on AI and cloud technologies, project delivery, and engineering leadership. He has interviewed and mentored many interns, wrote The Lost Intern, and runs the non-commercial Career Impact Initiative, mentoring students for free.