Minimum Stipend and hourly rate for Lecturer/Instructors. (a) The minimum stipend and the hourly rate for a Lecturer Instructor appointment including vacation pay will be as follows: Sept. 1/17 Sept. 1/18 Sept. 1/19 Sept. 1/20 Sept. 1/21 Stipend per credit hour $1738.21 $1738.21 $1738.21 $1751.25 $1768.76 Hourly Rate $28.97 $28.97 $28.97 $29.19 $29.48