Why Academia for Apple
Academia’s connectED programme has been designed to assist educational establishments who are considering a 1:1 device scheme. 1:1 learning allows for anytime, anywhere learning with students engaging in digital content. If this is a consideration with you, Academia can offer a direct credit portal for students and parents to purchase a device with insurance and accessories without the financial liability that comes with a traditional operating lease for an education establishment.
This parental portal offers the technology bundle chosen by the school and unlike a client operating lease, the credit facility is directly with the parent through our chosen credit facility (DEKO). The parents can choose to pay monthly or an outright purchase with the associated accessories.Insurance and warranty claims are processed via the portal. The devices are delivered to the school and therefore eligible for Education pricing.
This finance option is based on a Client Operating Lease that requires the customer to take on the financial commitment through a lease and either make the quarterly or annual payment through their own cap-ex funding or through a parent voluntary contribution scheme.
At the end of the term, Academia will work with you to either do a lifecycle refresh or the other options available to you.
A lease term is usually 2 or 3 years and insurance is required but cannot be added onto the lease.
In this finance model, Academia is responsible for the supply of the device bundles and then you, the customer, rents the technology and makes yearly upfront payments to Academia. The difference with this rental option “v” a client operating lease, is the option to have break clause at 12/24/48 months. This gives schools the option to hand the devices back at any point (please note there may be additional payments). Unlike the operating lease, because the payments are made upfront and it is a rental scheme, insurance can be added into the financing.