Research Grant Program

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The John H. Schnatter Institute for the Study of Free Enterprise at the University of Kentucky is requesting proposals for a grant program to support high-quality research central to its mission. The Institute’s mission is to generate intellectually rigorous research and an open dialogue to discover and understand how free enterprise affects peoples’ lives and the well-being of society.

The Schnatter Institute will award grants between $5,000 and $10,000 on a rolling basis. Successful applicants must complete the research project outlined in their proposal within a year of the award. Eligibility requirements are stated below; no affiliation with the Schnatter Institute is necessary to apply. The Institute welcomes applications from all academic disciplines.


The Principal Investigator (PI) is required to have a PhD or comparable professional certification. The scholar must be employed full-time at an academic or research institution.

Priority Research Areas

Grant proposals must focus on at least one of the following research areas:

  • Healthcare markets
  • Financial markets
  • Labor markets
  • Fiscal policy

Extraordinary proposals that fall under the institute’s mission may also be considered.


Submit the following materials to

  1. Contact information, educational information, and institutional affiliation.
  2. Research proposal.
  3. Current CV of all authors.
  4. Name and contact information for two references.

Required elements of the research proposal include:

  1. The project title, researcher(s) name, and institution(s).
  2. Grant amount requested.
  3. Description of research question, project purpose, methodology, data, and timeline.
  4. Primary references.

Proposals should be written for a lay audience (except for the methodology) and not exceed two pages (12-point, Times New Roman font, and 1-inch margins).


Applications will be initially screened for relevance to the priority subject areas and mission, academic qualifications of the PI, and inclusion of all requested materials. Proposals that don’t pass the initial screening will be informed in writing. All submissions that pass the initial screening will be reviewed by a panel of independent reviewers who are affiliated with the Schnatter Institute. Care will be taking to only include affiliates on the panel who are impartial to the decision to avoid potential conflicts of interest. Proposals will be evaluated on the following criteria:

  • Relevance to mission and research areas as listed in the Priority Research Areas section.
  • How the proposal integrates with other Institute research.
  • Research design and methodology.
  • Qualifications of the applicant and research setting.
  • Cost effectiveness.
  • Work plan design and schedule of deliverables.

Notifications, Terms, and Conditions

Grant recipients will be notified on an ongoing basis. Final projects must be completed within one year of the award. Grant recipients are required to provide quarterly report updates to the director and assistant director. Recipients will be asked to convey their research to the public. In addition, grant winners may also be required to present their findings during the annual Schnatter Institute Research Day.

The award will be provided in two lump sums. The first half of the award will be provided to the PI after the award is granted. The second half will be provided after the final product is handed over to the Institute.

The final product shall contain a statement acknowledging funding from the Institute. Working papers and any other products must be submitted to the Institute to be posted on its website at its discretion. Grantees retain publication rights to their projects for peer-reviewed outlets.


Nothing in this announcement obligates the Schnatter Institute or the University of Kentucky to make any awards whatsoever. Awards are contingent upon available funding and research needs. The University of Kentucky is an equal opportunity institution.

Contact Information

For any questions about the Research Grant Program feel free to contact the following people:

Director Dr. Aaron Yelowitz
(859) 257-7634

Assistant Director Angela C. Erickson
(859) 218-1648