Home Fellowships Adam Smith Fellowship 2026-2027 for Graduate students (up to $7,000)

Adam Smith Fellowship 2026-2027 for Graduate students (up to $7,000)

adam-smith-fellowship-2026-2027-for-graduate-students-(up-to-$7,000)
Adam Smith Fellowship 2026-2027 for Graduate students (up to $7,000)

Deadline: March 15, 2026

Applications for the Adam Smith Fellowship 2026-2027 are now open. The Adam Smith Fellowship is awarded to graduate students attending PhD programs at any university and in any discipline, including but not limited to economics, philosophy, political science, and sociology.

The aim of this fellowship is to introduce students to and encourage them to critically engage key thinkers in political economy that they might not otherwise encounter during their graduate studies. As such, Adam Smith Fellows spend three weekends during the academic year participating in workshops and seminars on the Austrian, Virginia, and Bloomington schools of political economy. Fellows will join a network of Mercatus students, alumni, and scholars who are conducting and engaging with cutting edge research in contemporary 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

Open to:

  • Students that will be enrolled in an accredited PhD program during the upcoming academic year.
  • Students that are able to commit to traveling 3 weekends for colloquia during the upcoming academic year.
  • Students that have a research or teaching interest that would benefit from a greater understanding of key writings in political economy.

Application

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, Virginian, 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

Click here to apply

For more information, visit Adam Smith Fellowship.

Adam Smith Fellowship 2026-2027 for Graduate students (up to $7,000) guide