TALLER SAN JOSE HOPE BUILDERS (10)

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HOPE BUILDERS STIPEND ACKNOWLEDGEMENT Stipend Policy Applicants that become active trainees and are enrolled in the training program are eligible to earn a $100.00 weekly stipend that is paid bi-weekly. If a trainee is dismissed or withdrawn from the training program, that trainee's final stipend amount will be prorated depending on the number of days active in the pay period. All borrowed materials, such as laptop, laptop charger, laptop case, textbooks, tools/supplies, etc., need to be returned to Hope Builders the same day they are dismissed or withdrawn.The final payment(and any other regular stipends) will be placed on hold until the trainee returns all HB property. The trainee will forfeit their remaining stipend if HB property is not returned. • Stipends are issued bi-weekly according to the Stipend Calendar Schedule o Payments are disbursed via Skylight One Prepaid Mastercard • Stipend amounts are at the discretion of the Training Supervisor and may be reduced based on attendance and cooperation. Any full day of absence will result in the loss of a day's pay($20 per day). • Stipends and other student assistance payments are considered earned income and may be taxable by the Federal and State government. o Hope Builders may issue and mail a 1099 misc. tax form for IRS reporting at the end of the calendar year. o Notify Accounting &Admissions dept. if there is a mailing address update for one year after the dismissal/withdrawal/or training end date. • Prior to receiving a stipend, individuals must fill out the 1-9 employment authorization form and provide required documentation. Acknowledgements • I read and understand the Hope Builders Stipend Policy. • My signature indicates I will comply with the Hope Builders stipend policy. Print Name Date Signature Trainee Handbook revised 1012023 28