650.5—What does a fellowship award include?
         The Secretary awards fellowships consisting of the following:
    
    
        
        (a) 
         A stipend paid to the fellow, based upon an annual determination of the fellow's financial need, as described in  § 650.42.
    
    
        
        (b) 
         An annual payment made to the institution in which the fellow is enrolled as described in  § 650.41.