For advanced undergraduates, recent graduates considering graduate school, and early-stage graduate students, the Don Lavoie Fellowship is a competitive, renewable, and online fellowship program. Fellowships are available to students from any discipline who are interested in learning how to apply essential ideas in political economy to academic and policy research.

Don Lavoie Fellows participate in a variety of online activities, including an online discussion portal and online reading discussion sessions led by various Hayek Program scholars, which introduce them to key ideas in the Austrian, Virginia, and Bloomington schools of political economy, as well as current work in this tradition.

A stipend and all required readings for online events are included in the Don Lavoie Fellowship, as well as help on research, careers, and graduate school. Conference and research support are available to Lavoie Fellows. A total payment of up to $1250 per semester is available, which includes a stipend and books.