PhD Fellowship


A full-time fellowship for students pursuing a doctoral degree in economics at George Mason University and interested in a career in academia. 

The Mercatus PhD Fellowship is a competitive, full-time fellowship program for students pursuing a doctoral degree in economics at George Mason University. Our PhD Fellows take courses in market process economics, public choice, and institutional analysis and work on projects that use these lenses to understand global prosperity and social change. Successful PhD Fellows have secured tenure-track positions at colleges and universities throughout the United States and in Europe.

The total award of up to $200,000 (over five years) includes a monthly stipend, full tuition support (nine credits per semester), and experience as a research assistant working closely with Mercatus-affiliated Mason faculty.

Acceptance into the fellowship program is dependent on acceptance into the PhD program in economics at George Mason University. Please complete the standard application for fall admission to the PhD program in Economics at George Mason University, and indicate on the application that you would like to be considered for funding.

In order to apply to the PhD Fellowship, please click the “Apply Now” button and complete the online application. The online application includes:

  • A cover letter explaining your interest in the program,
  • A current resume/CV,
  • A 500-1000 word essay on “Why do some societies prosper, while others remain stagnant and poor?”,
  • A 10-page writing sample, and
  • A few short answer questions.

Applications for the 2018-19 academic year are now closed.

Want to be notified when PhD Fellowship applications open for the 2019-2020 academic year? Sign up here!

If you have any questions, please email