Fortunately there are lots of configuration options, so this is easily done if you’re willing to up your budget. The basic model comes with 4GB RAM and 64GB storage, which is sufficient for everyday use but will need upgrading if your children are liable to install millions of apps or want to use this for gaming.
This little bit of kit can run full Windows 10 at a push, so it’s an affordable option if your kids need to use relatively complex applications for school.
But don’t be fooled by its diminutive stature and light weight.