Leasing is still a popular way to finance ICT equipment in both state and private schools in the UK. With regards to E Learning, leasing is a more widely used method to pay for mobile learning devices.
Why is leasing so widely used to finance E Learning in schools?
Historically, a school may look to run a few computer ICT rooms that have to be upgraded every three years. Paying for this from via a capital budget was a common way to fund the project. With mobile learning, a classroom set for 30 people can cost anything from £7,500.00 upwards, and that is not taking into account, support, training, maintenance, wi-fi units, charging trolleys etc. Its then not just the cost of maybe four classes in the year and five-year groups, but as new children join a school, then the costs start all over again.
Leasing spreads the cost over a two or three-year period. Many of the schools we work with will lease the classroom devices then look to recover these rental repayments via the monthly contributions parents make.
edde has many years’ experience leasing for both state funded and private schools. Please call us for more details.