Fellowship Programs for Applied Policy and Political Economy 2025

The Mercatus Center at George Mason University offers a range of fellowship programs to support graduate students interested in applied policy and political economy. These fellowships provide financial assistance, mentorship, and opportunities to engage with various schools of thought, including the Austrian, Virginia, and Bloomington schools of political economy. 

Below is an overview of these fellowship programs:

Frédéric Bastiat Fellowship

A one-year program for graduate students pursuing master’s degrees in various disciplines, focusing on public policy from a free-market perspective.

Benefits

  •  Up to $5,000 stipend, 
  • Required readings, 
  • and participation in colloquia hosted by the Mercatus Center.

Eligibility: Enrolled in a graduate program from any university and in any discipline  

Application Deadline: March 15, 2025.

Get more information, and apply for the program following the link at the end of the article. 

Ronald Coase Fellowship

An online, one-year program for graduate students from any university and discipline, those who use political economy to understand the causes and consequences of social problems.

The total award of up to $2,000 includes: 

  • A stipend
  • All required readings for online events
  • Advice on research, jobs, and graduate school

Deadline : 15 March, 2025

Don Lavoie Fellowship

An online, semester-long program for advanced undergraduates, recent grads, and students interested in political economy.

Benefits 

The total award of up to $1,250 includes: 

  • A stipend
  • All required readings for online events
  • Advice on research, jobs, and graduate school

Eligibility Criteria 

In order to be accepted into the Don Lavoie Fellowship program, you must be one of the following:

  • Enrolled in a graduate program from any university and in any discipline  
  • An advanced undergraduate considering for graduate school
  • A recent graduate considering graduate school

Deadline : April 15, 2025

Adam Smith Fellowship

A one-year program for doctoral students from any university and discipline who are interested in political economy.

Benefits 

The total award of up to $10,000 includes: 

  • A stipend
  • All required readings
  • Travel and lodging to attend colloquia hosted by the Mercatus Center

Eligibility criteria 

In order to be accepted into the Adam Smith Fellowship program, you must be:

  • Enrolled in a PhD program from any university and in any discipline 

Deadline : 15th March 2025

Graduate Scholars Program

For graduate students in any discipline at George Mason University who are interested in learning more about political economy.

Benefits

The total award of up to $1,250 per semester includes: 

  • A stipend
  • Meals and all required readings
  • Advice on research, jobs, and graduate school

Criteria 

In order to be accepted into the Graduate Scholars program, you must be:

  • Enrolled in a degree-granting graduate program at George Mason University
  • Applying to a degree-granting graduate program at George Mason University

Deadline : March 15,2025

Oskar Morgenstern Fellowship

A one-year program for doctoral students from any university and discipline with training in quantitative methods and interest in political economy.

Benefits

The total award of up to $7,000 includes: 

  • A stipend
  • All required readings
  • Travel and lodging to attend colloquia hosted by the Mercatus Center

Eligibility Criteria

In order to be accepted into the Oskar Morgenstern Fellowship program, you must be:

  • Enrolled in a PhD program with training in quantitative methods from any university and in any discipline  

Deadline :  March 15,2025

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Elinor Ostrom Fellowship

A one-year program for doctoral students from any university and discipline who are interested in the themes of markets, culture, morality, and sociality in political economy.

Benefits 

The total award of up to $7,000 includes: 

  • A stipend
  • All required readings
  • Travel and lodging to attend colloquia hosted by the Mercatus Center

Criteria

In order to be accepted into the Elinor Ostrom Fellowship program, you must be enrolled in a PhD program from any university and in any discipline.

Deadline : March 15, 2025

Carl Menger Fellowship

Doctoral students from any university and discipline can join this one-year online program if they are interested in political economy.

Applications for the 2025-2026 academic year are due March 15, 2025.

Benefits 

The total award of up to $2,250 includes: 

  • A stipend
  • All required readings 

Eligibility

To apply for the Carl Menger Fellowship program, you must enroll in a PhD program at any university and in any discipline.

Deadline:  March 15, 2025

To know more about the fellowships, and application check the link below, 

Apply Now

You can also use their form to determine which Fellowship program is for you best on your qualification and future goals. To do that click here

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