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Photo Credit: The Economic Club of Washington, D.C./Joshua Roberts

David M. Rubenstein Scholarship Program

The David M. Rubenstein/Economic Club of Washington, D.C. Scholarship Program is one of the few large-scale scholarship initiatives dedicated exclusively to students graduating from D.C. public and charter schools. Over the years, the scholarship program has steadily expanded. Inaugurated in 2008 as a one-year grant of $5,000 per student, funding increased in 2012 to $10,000 per student, paid over their first two years in college. The program doubled again in 2016 to an extraordinary total of $1,000,000 annually. As a result of this exceptional generosity, nearly 50 scholarships of $20,000 will be awarded each year to bright, motivated students who exhibit impressive academic achievement. Please click HERE to see a list of eligible schools for the 2020-21 academic year. Please click on the blue box to begin your application. Application closes January 31, 2021. If you have questions or comments about the program, please contact Linda Larson at

    Congratulations to our 2020 David M. Rubenstein/Economic Club of Washington, D.C. Scholars!

The Economic Club of Washington, D.C. is proud to award the prestigious David M. Rubenstein/Economic Club of Washington, D.C. Scholarship to 53 graduating seniors from D.C. public and public charter high schools. Now in its thirteenth year, this program, endowed by Rubenstein, has awarded over $7.5 million to 548 scholars. For the third consecutive year, the A. James and Alice B. Clark Foundation has granted five additional scholarships.  Along with this $20,000 scholarship, students are supported by member-driven initiatives including internships, mentoring, leadership seminars, and other opportunities.  Please click HERE to see a list of our newest scholars. Congratulations to our winners!


Program Details

Scholarships are awarded primarily for academic achievement. High school principals and the school’s nominating committee chooses the recipients. Only students enrolled in participating Washington, D.C. public schools and public charter schools are eligible to apply. Scholarship awards are presented every spring in a formal ceremony that award winners attend.

Winners participate in the Scholars to Leaders Mentor Program beginning the summer after high school and continuing through college graduation. The program matches scholarship winners with alumni and Economic Club members who serve as mentors, providing consistent and meaningful support for student success.

Scholarship winners also attend a series of seminars, which take place in the summer following high school graduation. Hosted by select Economic Club members, these seminars invite the students into the offices of leading local businesses for a day of informative education. Following successful completion of their sophomore year in college, students will be eligible to apply for our summer internship programs available exclusively to our scholars.