a College Purchase or Rent In-Room Safes for Students?
have reviewed safe rental programs offered by competitors.
electing to rent a safe are typically charged $140 year.
College or University receives from the renting company
per year or $562 over a 15 year period.
the safe from SafePlace will
generate a net profit of $101 per year or $1,515 per
year over a 15 year period. That
is 2.7 times greater than the safe rental program.
creates $950,000 more for the university per 1,000 safes.
complete SafePlace program includes:
Maintenance (parts and labor) for 15 years
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