Applications are now open for the Don Lavoie Fellowship: Online Fellowship Program for young professions from all over the world interested in political economy ($1,250 awarded)
Closing Date: 15 April 2026
Applications are now open for the Don Lavoie Fellowship: Online Fellowship Program for young professions from all over the world interested in political economy ($1,250 awarded)
This is an online, semester-long program for undergraduate students, recent graduates and young professionals considering graduate school, and early-stage students interested in political economy.
Applications for the 2026–2027 academic year are due April 15, 2026. Application review will begin after the deadline, and decisions will begin to be announced twelve or more weeks after the deadline.
Details
The total award of up to $1,250 includes:
- A stipend
- All required readings for online event
- Advice on research, jobs, and graduate school
Qualifications
In order to be accepted into the Fellowship program, you must be one of the following:
- An undergraduate student considering for graduate school
- A recent graduate or young professional considering graduate school
- A graduate student in any discipline and from any university
About the Fellowship
The Don Lavoie Fellowship is a competitive, renewable, and online fellowship program for undergraduate students, recent graduate students and young professions considering graduate school, and early-stage graduate students. Fellowships are open to students from any discipline who are interested in studying key ideas in political economy and learning how to utilize these ideas in academic and policy research.
Don Lavoie Fellows attend a series of online activities, including an online discussion portal and online reading discussion sessions led by various Hayek Program scholars that introduce them to key ideas in the Austrian, Virginia, and Bloomington schools of political economy as well as contemporary work in this tradition. Fellows will join a network of Mercatus students, alumni, faculty, and scholars who are conducting and engaging with cutting edge research in contemporary political economy.
Young Professionals of any nationality at any university, in the US or abroad, is eligible to apply for the Fellowship program. The program will be conducted entirely online.
Online Fellowship program structure
The fellowship will focus on two major activities:
Online reading group sessions: Fellows will meet virtually four times throughout the semester in organized reading groups to discuss books written by Hayek Program scholars.
Online discussion portal: The main discussion forum will include videos, podcast episodes, and readings on the key ideas of the Austrian, Virginia and Bloomington schools of political economy and prompts for written discussion.
Don Lavoie Fellows are required to have internet access to participate in this program.
Don Lavoie fellows are required to be an advanced undergraduate, recent graduate, or early-stage graduate student at the time of application and throughout their participation in the Fellowship Program, attend and actively participate in all aspects of the scheduled program of online events including regularly logging into the discussion portal to read and review all posted materials and meaningfully engage in the discussion portal, be well prepared for the online group discussion sessions by reading the required material, preparing questions or comments to bring up in the discussion, and joining the scheduled virtual video conferences on time, and be honest, responsible, fair, and civil in all activities of the Fellowship Program.
How To Apply
To apply to the Don Lavoie Fellowship, click the complete the online application, including:
- A 1-2 page cover letter explaining:
- your graduate school career to date,
- your research interests and current projects,
- your familiarity with the thinkers associated with the Austrian, Virginia, and Bloomington schools of political economy, and
- what you hope to get out of the program.
- A current resume/CV
- A few short answer questions
- Two short essays
Click Here To Apply
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