Official Site of The State of New Jersey

Treasury’s Division of Investment to Join the DIME New Jersey Investment Collaborative as an Anchor Participant

TRENTON - The New Jersey Department of the Treasury’s Division of Investment (DOI) today announced that it is joining the Diversity Investment Management Engagement (DIME) New Jersey Investment Collaborative as an anchor participant. DIME is a 501(c)(3) organization committed to building the next generation of young investors.

DIME’S investment program gives a diverse group of high school students the opportunity to compete for scholarships while learning about the core fundamentals of the U.S. capital market system. The program pairs high school students with investment professionals with the goal to provide participants with the knowledge and tools to build long-term wealth.

"We are extremely excited to work with DIME as they actively engage in the education of future investors. The New Jersey Division of Investment aims to serve as a resource, committed to enhancing students' understanding of the investment industry and equipping them with essential skills for success," said Shoaib Khan, director and chief investment officer at DOI.

As part of its participation, DOI will provide educational support to the students enrolled in the program, with a focus on enhancing their understanding of the investment industry.

"This is not your parent’s financial literacy program,” said Dion Woods, DIME co-founder. “Thanks to the support of the New Jersey Division of Investment and leading investment advisory firms, we have the unique opportunity to create new pathways for wealth creation to students in New Jersey."

The DIME program offers a free immersion course that teaches high school students about financial decision-making and wealth creation. The course runs for seven weeks annually during a student’s junior and senior year.

New Jersey high school juniors and seniors who are interested in applying for the program should visit https://www.dime-program.org. The registration deadline is May 30th, 2024.

DOI’s participation in the DIME investment program furthers Treasury’s goal of increasing access to financial literacy resources across New Jersey. Treasury’s free financial literacy platform, NJ FinLit, offers education and personal finance tools to all New Jerseyans at https://njfinlit.enrich.org/.

.