I assume that the university is a University in the United States.
If so, the stipend may or may not be taxable income. ASK the university to be sure.
If not, then NO tax return is required.
If so, then you are subject to federal and state income taxes. The federal return will be Form 1040NR, because you should be able to deduct your daily living expenses as an itemized deduction, or the standard deduction of $5,450, which is higher.
If the university is India-based, then the stipend is NOT taxable and no tax return of ANY type is required.
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