Dive Summary:

• Apple's 21.5-inch budget iMac for educational institutions now features a 3.3 GHz processor, 4GB of RAM and 500GB of hard drive space.
• Additionally, it now features USB 3.0, Bluetooth 4.0 and Thunderbolt connectivity.
• The upgrades bump the price of the model up to $1,099, a $100 increase over the previous price.

From the article:

Apple has updated its budget iMac model available only to educational institutions with some new specs. It's not a major leap, but it does bring the new design and a few helpful features to schools looking to upgrade. MacRumors first noticed the change. ...