The Center for Life Beyond Reed

Economics Internship Awards

The Department of Economics Internship Awards offer funding to support economics-related unpaid internship opportunities. Economics majors or those who have taken at least three economics courses are eligible. This award is administered by the Center for Life Beyond Reed on behalf of the Economics department.

An internship is a form of experiential learning that integrates knowledge and theory learned in the classroom with practical application and skills development in a professional setting. Internships give students the opportunity to gain valuable applied experience and make connections in professional fields they are considering for career paths; and give employers the opportunity to guide and evaluate talent.

This award offers funding to support unpaid (and underpaid) economics-related internship opportunities: public sector, not-for-profit, or other unpaid summer internships. Applications for support at for-profit/private sector businesses are generally not funded unless the application demonstrates that the internship will comply with guidance from the Department of Labor. The Economics Internship Awards offer the opportunity to gain valuable experience relevant to career development, but do not support research.

Award amounts for 2021 recipients will be up to $4,000 for a minimum of 320 hours over 8-10 weeks. Both in-person and remote opportunities will be considered.

Application Deadline

Friday, May 14th 2021 at 12 PM noon PDT (deadline extended)

Eligibility

  • All currently enrolled Economics majors or students who have taken at least three economics courses.
  • Must be in good academic standing.
  • Students may only be funded once by the Economics Internship Awards in their time at Reed.

Criteria

Eligible proposals will be judged on a competitive basis using the following criteria:

  • Connection to field of study or career goals
  • Some experience or qualifications or preparation to be successful in the internship
  • Carefulness, quality, and thoughtfulness of plan and adherence to all SIA guidelines
  • Articulation of learning outcomes of the internship, and how the internship host will support learning

To Apply

All applications will be submitted in Handshake. A letter/email of confirmation from your internship will also be required if you are selected for funding.

There are three documents to upload: A one page resume, a cover letter, and a budget. Please include your name in the file name and upload all documents as pdfs.

Resume

An up-to-date one page copy of your resume summarizing any work and volunteer experiences relevant to the opportunity for which you are applying.

Cover Letter

At the top of your cover letter list answers to these four questions:

  1. What is your host organization’s name (who are you working with or for?)
  2. What are the start and end dates of your opportunity?
  3. Are you applying for funds from another source for this opportunity? If yes, indicate the source.
  4. Have you received funding or are you also applying for funding for another full time opportunity this summer? If yes, what is the opportunity?

Then respond to these prompts in 1000 words or fewer:

  • One-paragraph introduction that succinctly summarizes your proposed internship and the benefits to you.
  • Description of the mission and purpose of your host organization.
  • Description of the work/project/activities you anticipate doing as well as a description of your motivation and interest in this area.
  • Summary of the skills, knowledge, or other relevant preparation you will bring to this position.
  • Outline of the desired educational outcomes of this experience and how they apply to your goals.
  • If your internship will be in person, note what precautions you and your host will take to accommodate likely pandemic conditions and restrictions.
  • Contact information (names, telephone numbers, and email addresses) for your host organization contacts.

Other Document - Detailed Budget

Upload an itemized budget of your expenses and an explanation of how you will cover any expenses that exceed the award amount. Please use our budget template.

  • Important: If your project includes spending funds on domestic or international travel, please explain the COVID-19 protocol you will use to conduct your travel safely. Funding will not be released until your COVID-19 plan has been approved by the Director of CLBR. Please include your COVID-19 protocol at the bottom of your budget in the "Budget Explanations" section.

Apply in Handshake

Next Steps

The selection committee will begin reviewing applications after the deadline. Selection decisions and notifications will occur in early May.

If you are selected as an awardee, you must take these steps in order to receive funding:

  • submit a letter of confirmation from your organization acknowledging your internship agreement. This can be a scanned letter or email from your organization, sent to clbrfellowships@reed.edu. Forwarding a letter/email is permissible
  • fill out the Internship Award Recipient Agreement form (sent to you as a google form)
  • create a LinkedIn profile, if you do not already have one.

During, and after, the internship you agree to:

  • participate in the reflection process over the summer as requested by the Center for Life Beyond Reed. This includes graduated seniors.

Travel Restrictions

College-funded travel to support summer internships through this award requires approval from the Director of CLBR. Please follow the application directions above to apply for this approval if your internship involves college-funded travel.

Additionally, international travel to countries with a level 3 or 4 travel advisory from the Department of State, or a warning level 3 travel notice from the US Centers for Disease Control and Prevention (CDC), is generally restricted from being paid for by college funds. COVID-19 travel recommendations from the CDC will also be used when evaluating funding requests for international travel.

Questions? Much of the content in our Summer Internship Awards FAQ also applies to this award. Contact the Center for Life Beyond Reed at clbrfellowships@reed.edu with any other questions.