StudentRoomStay Concierge (SRS Concierge) pays a stipend to our hosts to help cover the day-to-day food and accommodation expenses of hosting a homestay student.
Student weekly fees are paid directly to SRS Concierge by the student. We retain a small portion for managing the homestay and the remainder of the student fee is reimbursed to the host. Hosts are paid in a two-week cycle, with funds transferred directly into the host’s nominated bank account. We handle all the payments to prevent disputes and protect the student from any arrangement that might compromise his or her health and safety while in a trusted homestay environment. SRS Concierge will issue a 1099 Tax Form to each homestay host at the end of each tax year for annual homestay fees over $600.