The recipient must have applied and been accepted to Eastern Illinois University, to the Graduate School, and have applied and been accepted to the Department of Economics as a degree-seeking candidate pursuing a Master's Degree in Economics. Preference shall be given to students who are pursuing graduate education and plan to pursue a career as an economist or a teacher of economics. Preference shall be given to students who plan to pursue an advanced degree in economics. As provided through the Graduate School, the recipient of the Patrick Lenihan Graduate Fellowship in Economics will receive a tuition waiver. At the discretion of the Graduate Coordinator, research may be delegated to the recipient of the Patrick Lenihan Graduate Fellowship in Economics.