Campus ID News
Card, mobile credential, payment and security
FEATURED
PARTNERS
smart lockers roi 1

Smart lockers ROI: Campuses find strong business case pairing contactless lockers with student IDs

Chris Corum   ||   Nov 06, 2017  ||   ,

Students use their campus ID cards as their locker key, and they rent the lockers on a per-semester basis. Gantner’s locker management software automates the sign-up process. It also provides locker usage reports and remote locker control, so no staff interaction is necessary.

But Northeastern is not alone. Around the globe, lockers are becoming more commonplace in university cafeterias, libraries and testing centers, where backpacks are not allowed as a theft or cheating precaution.

[blockquote align='left']Many campuses recoup costs by renting out lockers on either a per-term or per-use basis. Offering more intelligent locking systems can make a case for raising rental rates and expediting the return on investment[/blockquote]

Pichler says smart lockers can be a particularly good investment for that kind of environment. He points to the example of a campus testing center that had been using combination locks.

When students arrived at the center, they had to program a four-digit combination into their locker to store their backpacks and other belongings during testing. Given that students were about to take an exam, both nerves and adrenaline run high. When they finished the test two or three hours later, some 70% of students would emerge exhausted and with no memory of their locker combination.

Because of this problem, the university had to man the testing center with two employees outfitted with master keys to assist students. “This is where locker management becomes a big portion of the maintenance work,” Pichler explains.

At Northeastern University smart lockers are powered by the existing contactless student ID card

Northeastern University's smart lockers are powered by the institution's existing contactless student ID card

Recouping costs: Smart lockers ROI

Most networked locking systems are wired, although battery locks are available as a cheaper alternative. Installation costs vary depending on locker layout and efficiency in planning.

Many campuses recoup these costs by renting out lockers on either a per-term or per-use basis. According to Pichler, institutions have historically charged rental fees of $25 or $30 per term. Offering more intelligent locking systems with an alarm function and digital features, however, should make a case for raising this cost and expediting the return on investment.

Additionally, organizations can pay for a locker deployment over time through either a financing plan or an income-share model. If an institution doesn’t have the operational capital needed for a locking system, a finance company can set up a plan to pay off the entire investment. Through the income-share plan, Gantner takes a percentage of the revenue an institution makes from locker rentals to offset installation costs.

Related Posts

Subscribe to our weekly newsletter

RECENT ARTICLES

Liberty University campus card video
Apr 26, 24 /

Amazing video and open source mobile app headline annual campus card awards

The campus card industry awards are always a highlight of the NACCU Annual Conference, and this year’s program was no exception. At last week’s event, six institutions and individuals were recognized for contributions to their campuses, the industry, and the association. Attendees always look forward to the best card design and best video awards as […]
Transact and USEFULL partnership

Transact integrates reusable takeout container solution from USEFULL

Transact campuses have a new fully-integrated option for sustainable dining. By integrating with USEFULL, a provider of sustainable takeout containers, students can checkout and return containers using their Transact campus cards or mobile credentials. While most reusable takeout solutions rely on plastic containers, USEFULL provides a plastic-free solution using stainless steel containers. USEFULL reports that […]
AppleWatch presented to door access reader

Revolutionizing campus life: The future of higher education mobile credentials

By Willem Ryan, Alert Enterprise Campus activity may be dwindling down this time of year, but security threats aren’t going anywhere. There have been long-existing security gaps in the educational systems, allowing hackers and criminals to exploit them with ease. According to the U.S. Department of Education, there were 38,059 criminal offenses reported on more […]
CIDN logo reversed
The only publication dedicated to the use of campus cards, mobile credentials, identity and security technology in the education market. CampusIDNews – formerly CR80News – has served more than 6,500 subscribers for more than two decades.
Twitter

Attn: friends in the biometrics space. Nominations close Friday for the annual Women in Biometrics Awards. Take five minutes to recognize a colleague or even yourself. http://WomenInBiometrics.com

Feb. 1 webinar explores how mobile ordering enhanced campus life, increased sales at UVA and Central Washington @Grubhub @CBORD

Load More...
Contact
CampusIDNews is published by AVISIAN Publishing
315 E. Georgia St.
Tallahassee, FL 32301
www.AVISIAN.com[email protected]
Use our contact form to submit tips, corrections, or questions to our team.
©2024 CampusIDNews. All rights reserved.