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REGION: UNITED KINGDOM

Education

SUPPORTING THE EDUCATION SECTOR WITH ICT LEASING SOLUTIONS

CHG-MERIDIAN has supported schools and students for over 40 years to improve technology within classrooms and to enhance the learning experience. Our customised leasing concepts help schools and trusts to save both time and money while enabling access to technology for all students and teachers.

Trusted ICT advisor to the education sector

We currently support over 800 schools in the UK, including Local Authority Schools, Multi-Academy Trusts and Independent Schools to help keep ICT technology for their students up-to-date while maximising budgets.

Talk to one of our experts to see how the CHG-MERIDIAN Education Team can support you.

ICT Solutions for the education sector

We understand the importance of leasing for Educational Institutions to ensure the latest devices for students. In the Education sector, we have built a considerable portfolio of ICT leased equipment across the UK and Europe. By working with CHG-MERIDIAN, you can have the utmost confidence that we will find the solution that best suits your organisation. CHG-MERIDIAN are members of the Finance and Leasing Association and are a recognised lessor on several DFE approved leasing frameworks.

Operating Lease

An operating lease allows for the use of an asset, but the lease term is for a shorter duration than the working life of the equipment. As a result, we take a residual value on the asset meaning the sum of rentals will be typically less than the original capital cost.

An operating lease is the only type of lease agreement that state-funded schools (local authority or Academy) can enter into without prior approval from ESFA on behalf of the Secretary of State.

Female teacher sitting with three children on a laptop
Learn more about our operating lease solution!

  

Find out more here

PARENTAL CONTRIBUTION

A Parental Contribution Scheme allows schools to procure the latest ICT technology via a compliant operating lease while having the parents cover a percentage or all of the costs. We take ownership of the solution by managing the lifecycle of the equipment and the parent interaction through our partner parent portal, while also providing the necessary insurances.

A Parental Contribution Scheme is a joint solution offered by CHG-MERIDIAN and our partners with the main focus being on providing transparency for educational institutions and parents. There are no hidden costs as we split out the cost of the equipment, financial terms and additional services so you can see exactly what you’re paying for.

Teacher sitting in the middle of two students on tablets
Parental Contribution Schemes

Download our Parental Contribution Schemes brochure for free here!

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Order now, lease later

A unique service that we offer to our Education Sector customers is to enable ICT equipment to be delivered across your preferred installation window, with your supplier invoices paid in full and on time. Your lease can then commence on your preferred start date or once new budgets have come into effect, giving you the flexibility to take on the equipment when you need it. 

Aside from assisting schools with deployments and utilising next year budgets, this also helps at the end of the agreement with the customer able to manage their end of lease options. This has been proven to be particularly beneficial for Academies implementing a summer refresh, meaning that the end of the lease will not fall during term time.

Talk to our Education Team for more information

carbonZER0

Our carbonZER0 product allows customers to offset the CO₂ emissions that are generated in the transportation, production, use and end-of-lease phase of their ICT leased equipment.

The green agenda and sustainability is very much a hot topic in the public sector. Since 2019 it has been more commonly asked of Multi-Academy Trusts to provide reporting on their energy and carbon information as per ESFA regulations. This is why it is important to the Education team to support schools and trusts with our carbonZER0 offering, enabling carbon offsetting for your IT assets. 

Learn more about our carbonZER0 offering here

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TESMA® asset and contract management

TESMA® is CHG-MERIDIAN’s in house asset and contract management system that allows complete transparency of your CHG-MERIDIAN leased assets and your own assets via the 'own asset' module. Used in the Public sector by many Local Authorities and Multi-Academy Trusts, it provides complete visibility via bespoke reporting data. Asset data is populated by us, creating efficiencies for all users. 

TESMA®'s modular design can be used to procure, manage and track devices. It can also be used to manage the rollback of devices as well as provide financial information and cost centre breakdown for budgeting.

Screenshot of TESMA

Sale & Leaseback

We offer a sale and leaseback solution on a wide variety of assets. If your asset is less than 4 months old, we can pay you the original purchase price. If the asset is older than 4 months, we can offer you the net book value of the asset.

By using our sale and leaseback process, you can raise capital by selling your existing assets to CHG-MERIDIAN. There is zero disruption to your institution as you continue to retain all the benefits of usage yet transfer the risk of ownership and disposal to us.

Find out more about our Sale & Leaseback solution here!

Find out more 

Bullet Lease

One single upfront payment to take advantage of the residual value investment, with nothing to pay for the remaining minimum term of the lease.

Device as a Service (DaaS)

Our Device as a Service (DaaS) solution is an innovative and bespoke model tailored for educational clients. Ensuring complete transparency, Device as a Service (DaaS) allows you to avoid costly cash purchases and keep your IT portfolio up-to-date.

Although each Device as a Service (DaaS) solution is bespoke, the principles remain the same. CHG-MERIDIAN’s all-encompassing lifecycle management services & TESMA® asset management portal are inclusive while presented as a fixed costs per device.

Device as a Service

Find out more! 

Equipment types we fund

Icon of a smartphone
Icon of a tablet
Icon of a laptop
Icon of a desktop PC
Icon of a multi-function printer
Icon of a barcode scanner
Icon of a keyboard
Icon of a docking station
Icon of a pair of headphones
icon of a smart watch
Icon of a camera
Icon of a computer mouse
Icon of an interactive whiteboard
Icon of a projector
Icon of a TV
Icon of computer servers and storage

FREQUENTLY ASKED QUESTIONS

Do you charge a documentation, administration or invoice fee?

No, as CHG-MERIDIAN aren't a broker, we don't charge any of these.

What happens at the end of the lease?

The Education team will contact you 6 months before the end of the minimum term and ask how you would like to proceed.

What is my notice period?

Please refer to your signed master agreement which will detail your required notice period.

Can I add to my existing agreements?

Yes, please speak to a member of the education team.

Do you offer Device as a service (DaaS)?

Yes, each contract is bespoke so please contact the education team for further details.

An equipment purchase isn't in my budget this year. What can I do?

Financing can translate capital outlay into low monthly/quarterly payments; a lease structure can be developed to accommodate your budget constraints. Deferred payment terms will also help you obtain the equipment now rather than waiting for the next financial year.

What will the frequency of our rental payments be?

The rental payments can be collected monthly, quarterly, annually or termly.

Are the rental repayments fixed?

The rental payments will be fixed for the duration of the lease agreement. 

Meet the CHG-MERIDIAN UK Education Team

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Martyn Maskell

Email: martyn.maskell@chg-meridian.com

Tel: +(44) 7738 124 383

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Kim Plumb

Email: kim.plumb@chg-meridian.com 

Tel: +(44) 7966 782 948

Screenshot of a colleague on a Microsoft Teams call

Hannah Hulm

Email: hannah.hulm@chg-meridian.com

Tel: +(44) 7876 883 117