Aside from the stimulating intellectual environment, students who successfully complete the summer program will be invited to apply for an E.C. Harwood Fellowship award from AIER. The E.C. Harwood Fellowships are financial aid awards granted by the AIER Fellowship Committee in recognition of students who demonstrate high potential for development as economic scientists dedicated to pursuing solutions to human problems in the tradition of AIER. The awards are made on the basis of demonstrated need and academic merit. In recent years awards have averaged between $1,250 and $2,500 per student.