MORRIS PLAINS, N.J. - The Exchange, MPACT, and Instant Teller automated teller machine networks are once again joining forces to present the Education Exchange College Grant program.

The program, which is in its second year, is designed to recognize, honor, and assist hardworking and academically-talented students. A total of $100,000 in scholarships will be awarded to 79 college-bound high school seniors.

The three networks, which are owned and operated by Electronic Data Systems Corp., combine resources to offer the grants.

The Exchange is an international shared ATM network based in Morris Plains. MPACT is a regional shared ATM and point of sale network based in Plano, Tex. Instant Teller is a regional shared ATM and POS network based in El Segundo, Calif.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.