Should a College Purchase or Rent In-Room Safes for Students?

• We have reviewed safe rental programs offered by competitors.
• Students electing to rent a safe are typically charged $140 year.
• The College or University receives from the renting company $37.50 per year or $562 over a 15 year period.
• Purchasing 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.
• This creates $950,000 more for the university per 1,000 safes.

The complete SafePlace program includes:

• Safe, Delivery, Installation
• Security Override Units
• Full Maintenance (parts and labor) for 15 years
• Training
• 24/7 Toll-Free Service Hotline