What is a cash stipend?
A cash stipend is a cash allowance given to poor parents provided they fulfill certain conditions. An education cash stipend would be conditional on the child attending school regularly. The most popular type of cash stipend includes a combination of education, health and nutritional initiatives and is extensively used in Latin America and the Caribbean where it was initially developed. In South Asia, Bangladesh has a large scale cash stipend programme for girls education. Cash Stipends are direct subsidies that give monthly cash allowance to the poor provided they meet some criteria. The stipends are conditional upon usually sending the child to school or taking the child for regular health check ups. The most popular type of conditional cash stipend includes a combination of education, health and nutritional initiatives and is extensively used in Latin America and the Caribbean where it was initially developed. Cash Stipends for Education In South Asia, Bangladesh has tailored this i