Each year at the end of the Spring semester, a teaching assistant is awarded The Rendigs Fels Award for Excellence in Teaching. The award has been presented since 1987 and is endowed by the Kirk Dornbush Economic Research Fund. The award is presented annually on behalf of Emeritus Professor Rendig Fels at a banquet held by the Economics Department with the staff, faculty, graduate students and teaching assistants all in attendance.

AY 2008-09 winner of the The Rendigs Fels Award for Excellence in Teaching, Katharine Shester.