TEQlease Provides Financing to USC Hybrid High School



TEQlease Capital said it has provided USC Hybrid High School, a new public charter school developed by the USC Rossier School of Education with a charter from the Los Angeles Unified School District, with equipment lease financing for the school’s technology equipment, including tablet computers and laptops.

The mission of USC Hybrid High School is to graduate 100% of its students and to help them be socially and academically prepared for success in college and the work place. The school is focused on students most at risk of dropping out due to job and family care obligations, and will dramatically increase their access to school, including weekends and longer week days. The school is also committed to increasing student opportunity to learn through personalized learning plans and individualized support.

In order to begin to fulfill its mission to utilize online technology as a central part of its curriculum, USC Hybrid High School turned to TEQlease Capital for help in securing the lease financing it needed. The school will be supplying students with laptops and tablet computers to access their digital curriculum and online video resources at school. In addition, they will have iPods that they will be able to use anywhere to access their assignments and email.

“TEQlease was very helpful to us throughout the equipment lease process. With their successful track record working with charter schools, they were very knowledgeable in walking us through the steps needed to get our lease financing approved,” said David Dwyer, PhD, founder and executive director of USC Hybrid High School and an Apple Distinguished Scientist.

“USC Hybrid High School is truly a model program of what education for high-need students can look like,” said Mike Lockwood, president of TEQlease. “We are very pleased to have leant our expertise in charter school lease financing to make USC Hybrid High School’s vision of how technology can be used in education a reality.”


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