The organization was founded in 2024 by an economics professor, and development microeconomist, Dr. Jeffrey Dickinson.

The idea for Dollar Scholars grew as Dr. Dickinson found that research papers on credit sometimes failed to include financial education as a key characteristic of potential borrowers in their context.

He began with a simple premise: to connect students, and other volunteers to the local DC/MD/VA population through the catalyst of financial education.

With the help of the Federal Deposit Insurance Corporation’s (FDIC) Money Smart financial education materials and curriculum, the Dollar Scholars concept has taken a more complete shape. These resources are freely accessible to all participants.

What began with two pilot classes—one in English and one in Spanish—we hope will help anchor a larger mission to provide the basics of financial education to DC/MD/VA.

Many individuals, but especially economists, know that understanding credit, and other aspects of personal finance and the financial system is critical to individuals (and firms) navigating a modern economy.

Almost all individuals and businesses will need to borrow money at some point in their lifespan. Dr. Dickinson paired the idea of teaching financial literacy, with the interests of students and volunteers eager to work on projects that directly and tangibly benefit the community.

Recognizing that financial literacy is a lifelong necessity, Dollar Scholars offers basic classes designed to help adult individuals better manage their money.

The approach of our organization is to empower students to make informed decisions, to think critically, and to improve the long-term financial stability, and success, of our students using financial education.

From budgeting basics, to understanding the U.S. banking system, our curriculum is tailored to address the unique needs of a diverse audience. In practice, this means that Dollar Scholars programming directly benefits Spanish-speaking communities, as well as any individuals who lack access.

Dollar Scholars’ approach allows us to channel the energy of our collaborators, volunteers, and supporters to enhance communities’ well-being.

We wholeheartedly, and without reservation, believe financial education can drive tangible change in the lives of many, because we know how important these lessons have been in each and every one of our own lives.

We offer unique opportunities for volunteers to expand their horizons and develop valuable teaching skills. Volunteers work directly with economics professors, professional educators, and economists working in the field of development and beyond.

We are committed to creating an environment of growth for our volunteers and instructors, including coaching volunteers on training or managing instructors, and leading fund raising or recruitment efforts.