The Chicago Booth Journalists in Residence Program 2027 is now accepting applications from experienced journalists interested in strengthening their knowledge of political economy, business reporting and the relationship between markets, politics and society.
Organized by the Stigler Center at the University of Chicago Booth School of Business, the program brings journalists from around the world to Chicago for an approximately 12-week residential learning experience. Participants can audit classes, attend seminars and workshops, collaborate with faculty and fellow journalists, and engage with the wider University of Chicago community.
For the Spring 2027 cohort, selected participants will receive a $14,000 stipend intended to cover living expenses during the program. The program also provides reimbursement for eligible economy-class airfare to and from Chicago, as well as SEVIS and visa application fees.
The application deadline is September 20, 2026, at 11:59 p.m. Chicago time, making early preparation important for journalists who want to be considered.
| Program Detail | Information |
|---|---|
| Program | Journalists in Residence Program |
| Host | Stigler Center, Chicago Booth |
| Institution | University of Chicago Booth School of Business |
| Cohort | Spring 2027 |
| Location | Chicago, Illinois, USA |
| Duration | Approximately 12 weeks |
| Tentative dates | March 15 – May 31, 2027 |
| Stipend | $14,000 |
| Deadline | September 20, 2026 |
| Application deadline time | 11:59 p.m. CT |
| Target applicants | Experienced journalists |
| Language | Proficient English |
What Is the Chicago Booth Journalists in Residence Program?
The Journalists in Residence Program was launched by the Stigler Center in 2017 as part of its broader mission to contribute to public debate about the interaction between politics and the economy.
The program recognizes the important role journalists play in researching markets, explaining economic developments and investigating potential wrongdoing.
Selected journalists spend approximately 12 weeks on the University of Chicago’s Hyde Park campus. During their residence, participants can audit courses, attend Stigler Center events, interact with scholars and build professional relationships with journalists from different parts of the world.
The program is particularly relevant for journalists who want to develop a deeper understanding of political economy and business reporting.
$14,000 Chicago Booth Journalist Stipend
One of the most attractive features of the 2027 program is the $14,000 stipend.
The stipend is designed to help participants cover living expenses during the approximately 12-week residency in Chicago.
However, applicants should understand that the stipend is not necessarily a completely tax-free payment. According to the program information, the stipend may be subject to tax withholding of up to 14% for international participants, depending on applicable circumstances and tax treaty provisions.
The program also states that participants should have enough personal funds to cover expenses for approximately the first month, because stipend disbursement can take up to a month to process.
Chicago Booth Journalists in Residence Benefits
Selected participants receive access to several academic, professional and financial benefits.
$14,000 Living Stipend
Participants receive a $14,000 stipend to help cover living expenses during the program.
Airfare Reimbursement
The program provides reimbursement for economy-class airfare to and from Chicago.
Visa and SEVIS Fees
Eligible participants can also receive reimbursement for SEVIS and visa application fees, helping international journalists manage some of the costs associated with participating in the program.
Access to Chicago Booth Classes
Journalists can audit classes at Chicago Booth, giving them an opportunity to learn directly from faculty at a leading business school.
Participants are expected to audit three classes and complete the associated readings and assignments.
Seminars and Workshops
Residents can participate in Stigler Center seminars, lectures, conferences and workshops taking place at Chicago Booth and elsewhere across the University of Chicago.
Professional Networking
The program provides opportunities to collaborate with:
- Chicago Booth faculty
- University scholars
- Students
- Fellow journalists
- Other program participants
This international cohort can provide journalists with valuable professional connections and perspectives.
ProMarket Opportunity
Participants have an opportunity to write for ProMarket, a publication associated with the Stigler Center.
For journalists interested in business, economics, competition, regulation and political economy, this can provide an additional platform for developing and sharing their work.
Health Insurance
Participants receive health insurance through the University of Chicago student/visitor plan.
The insurance is mandatory and is paid from the program stipend unless a participant can provide proof of equivalent coverage.
Housing Guidance
The program provides housing guidance and resources to help participants identify short-term accommodation in Chicago for the duration of the residency.
Certificate
Participants who successfully complete the program receive a certificate of participation.
Who Is Eligible for the Chicago Booth Journalists in Residence Program?
The program is designed for journalists with at least some years of professional experience, proficient English and a strong interest in developing their understanding of political economy.
The official program does not frame the opportunity as a conventional degree or academic scholarship. Instead, it is a professional development and learning program specifically designed for journalists.
Applicants should therefore be able to demonstrate meaningful journalism experience and explain why studying political economy would strengthen their professional work.
Journalists working across different forms of media can be considered, reflecting the program’s broad approach to modern journalism.
Program Expectations
Being selected comes with several academic and participation requirements.
Participants are expected to:
- Audit three classes.
- Participate in classes.
- Complete required readings and assignments.
- Attend Stigler Center seminars and lectures.
- Participate in conferences and social events.
- Take part in other activities recommended by the center.
- Engage respectfully with fellow participants and the wider university community.
- Sign a letter of agreement confirming the program’s expectations and university guidelines.
Applicants should therefore understand that the Journalists in Residence Program is an active, structured experience rather than simply a funded stay in Chicago.
Chicago Booth Journalists in Residence Program 2027 Dates
The key dates for the Spring 2027 cohort are:
September 20, 2026: Application deadline at 11:59 p.m. Chicago time.
End of December 2026: Admission decisions are expected to be announced.
March 15 – May 31, 2027: Tentative dates for the Spring 2027 residency.
Applicants should verify the latest dates directly with Chicago Booth because program schedules can be updated.
How to Apply for the Chicago Booth Journalists in Residence Program
Interested journalists should begin by reviewing the official application information provided by the Stigler Center.
A strong application should clearly communicate:
- Your journalism background and professional experience.
- The subjects and areas you currently cover.
- Your interest in political economy.
- Why Chicago Booth’s academic environment is relevant to your work.
- What you hope to learn during the residency.
- How the program could strengthen your reporting.
- How you would contribute to the program’s international journalist community.
Because the program attracts journalists from around the world, applicants should focus on demonstrating the professional value of the proposed experience rather than simply listing previous employment.
The official application deadline is September 20, 2026, at 11:59 p.m. CT Chicago time.
Is the Chicago Booth Journalists in Residence Program Fully Funded?
The program provides substantial financial support, but it is more accurate to describe it as a funded journalism residency with a $14,000 stipend and travel-related support, rather than automatically calling it completely fully funded.
Participants receive the $14,000 stipend, eligible economy-class airfare reimbursement and reimbursement for SEVIS and visa application fees. Health insurance is also provided through the university’s student/visitor plan, although its cost is paid from the stipend unless equivalent coverage is demonstrated.
Participants should also be prepared to cover initial expenses because the stipend may take up to a month to be disbursed.
Why This Program Matters for Journalists
Business and economic reporting increasingly requires journalists to understand how markets, government policy, regulation and political institutions interact.
The Chicago Booth Journalists in Residence Program offers an opportunity to develop that knowledge in an academic environment while remaining connected to journalism.
The combination of classroom learning, faculty interaction, seminars, professional networking and opportunities to engage with ProMarket makes the program particularly relevant to journalists covering:
- Business
- Economics
- Finance
- Government policy
- Regulation
- Competition
- Technology markets
- Corporate affairs
- Political economy
- Investigative reporting
For experienced journalists seeking a concentrated period of professional development, the 12-week residency can provide both academic exposure and access to an international network of peers.
Final Thoughts
The Chicago Booth Journalists in Residence Program 2027 provides an opportunity for experienced journalists from around the world to spend approximately 12 weeks at the University of Chicago Booth School of Business.
The program offers a $14,000 stipend, eligible economy-class airfare reimbursement, SEVIS and visa fee reimbursement, health insurance, housing guidance, academic opportunities and professional networking.
The Spring 2027 cohort is scheduled to run tentatively from March 15 to May 31, 2027, while applications must be submitted by September 20, 2026, at 11:59 p.m. Chicago time.
Journalists considering the opportunity should review the official program requirements carefully and prepare an application that clearly demonstrates their professional experience, interest in political economy and reasons for participating.
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