I bought my second sawtooth for 100 bucks at a computer show but it didn't have any memory but the system was fully loaded. Airport card, DVD-RAM, 20GB HD and a 60GB HD with OS9 and 10.1.5 installed.

250 is way to high unless it has a upgraded CPU that is 900MHz to 1GHz. Ofcorse this is a school so they're trying to get as much as they can since the pricetag was 2,000 and something back when they bought it lol.
To live is to let die