Education Technology: Why Leasing Matters

by Haley Woods
3 minutes read
Students and teachers using a variety of devices in a classroom setting.

From online education platforms and digital collaboration tools to standardized testing, kids use laptops, tablets, and other devices to learn and stay connected every day. But schools are being faced with a growing challenge: aging equipment that simply cannot keep pace with the demands of the modern classroom.

Old devices can lead to lower productivity and ultimately slow the pace of education.  Teachers are wasting valuable instruction time trying to troubleshoot issues, IT teams are wasting time dealing with increased repairs and students are struggling with resources that are no longer supporting the way education is delivered.

This is due in large part to the old purchase model. Schools buy the equipment and then try to make it last as long as possible for budgetary reasons. That’s understandable, but it results in inconsistent refresh cycles and fleets of devices that simply don’t perform as well.

The leasing model is more sustainable.

The Leasing Model Advantage

The leasing model has several significant advantages. Schools can establish refresh cycles that ensure students and teachers have access to reliable systems, rather than waiting for devices to fail to replace them. Leasing allows schools to stay current with technology trends and align costs with annual budgets by spreading costs over time and by building in ‘return and refresh’ options at the end of term.

Schools can establish uniform technology standards for classrooms, reduce unexpected repair and maintenance costs, improve cybersecurity and software compatibility and ensure students have access to the tools they need to succeed.

Leasing also gives schools the ability to be agile in today’s challenging supply chain environment.

In recent years, stock shortages and shipping delays have made procuring technology harder than ever. Schools often discover that the devices they budgeted for are out of stock or on backorder for months. Meanwhile, higher-spec models with more advanced features may be available straight away, but at a higher cost.

This leaves procurement teams with a difficult choice: either delay rollouts and disrupt learning schedules or overspend and acquire available stock. Leasing resolves this problem.

Schools can spread costs over time so they can purchase the devices that are available when they need it. Even if those devices are more expensive than originally planned. 

This is especially important during deployment windows like back-to-school, one-to-one student deployments and district-wide refreshes, where timing is everything.

How Leasing Helps You

At the end of the day, leasing resolves a lot of the challenges schools are facing around technology procurement, to create a more equitable learning environment for students. 

When schools can meet the fast pace of modern learning, everyone wins: students, teachers, IT teams and the larger educational community. Check out the TD SYNNEX Capital website to see how we can start helping you win!

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