There’s other ways - write it into the conditions of loan that it’s not the school’s responsibility to monitor student use when at home.
There are solutions that allow monitoring only on campus - both the monitoring person and the student need to be on-site for the software to contact a licensing server. No server contact=no monitoring.
And never bring ‘AI’ into it.
I think so, it doesn’t look like any device from here: https://en.m.wikipedia.org/wiki/Palm_(PDA).
The logo is from the first palms, but it’s way too curvy