Q. Reporting it on Schedule 1 Line 8 of Form 1040, would this work for the 1099-NEC?
A. Yes. The 1099-NEC is new this year. It essentially replaces box 7 on a 1099-MISC. However you handled box 7 on a 1099-Misc in the past, is how you handle a 1099-NE for 2020. Research stipends for colleges are not subject to either FICA or Self employment tax.
That said, two more things:
1. Expect more IRS scrutiny than in the past, because of the new form.
2. There's another way of doing it: see https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-1099-nec-graduate-student/01/...
