How+can+we+purchase-finance+an+I+Pad

**How can we finance this?** We recognise there are many concerns re the cost of this technology. Being an Apple product you may be aware that Apple does not discount their products. So the price remains constant. The upside is that it does not increase. Like any technology it will have a perceived limited life. However it runs the same operating system and Apps as the Apple iPod touch which has been around for 4 years and is still viable as a personal one to one device with the cababilities of an iPad 2 albeit a smaller screen. We cannot see any student needing an upgraded device during their time at school. Looking at it in the light that it can be used across all subjects over 5 years of schooling and is a useful device to have at home as well. It represents an investment of approximately $160 per term. Savings will be made in stationery and Text book costs. Educational outcomes will be improve (see research re 1:1 computing in Education.). There are many issues to consider - for example families with twins or multiple siblings...the thinking continues.
 * For Parents**

What follows are options the College is considering offering parents (they are not yet set in concrete) **Choices:**
 * Purchase a device. Cash = $800 from Orewa College recommended supplier or the store of your choice.
 * Use your credit card (at market interest rates)???
 * Use a flexi-rent type solution as per Harvey Norman, Noel Leeming, etc (usually 25% plus interest)???
 * Lease to buy through the school (approved purchasers) $120.00 per ¼ for two years. This is $9.23 per week. Total cost of machine = $910.00.
 * Lease directly from the school's finance company. $200 deposit and $34.07per month = $8.51 per week for two years. Total cost of the machine = $998.00.