Qlab is your best bet. It is easy to use, supports video and still images, and is fairly cheap. You can download it for free and
play around, to run video you do need to get a license. However, for a school you can buy them for about 200 bucks, and you can rent them for a dollar a day. The rentals are also good on as many computers as you want, so you can have it at home, the school, the TD's office,
etc. It accepts up to I want to say 8 camera inputs, and supports up to 8 patchable outputs. Building cues is pretty much drag and
drop. You can also do audio (free) and
MIDI control (costs money for that, again 1 dollar a day rental, 199 for the license to buy). The biggest issue is that it is a
mac only program, so you do need a
mac, and you want to have a pretty beefy machine (Read:
Mac Pro) if your going to be handling a lot of videos and high rez images.
One warning. There is NO CHEAP WAY to do projection well. Even having a
powerpoint on a classroom
projector is usually fairly expensive, as you need to get a
projector, computer, software,
etc. If you want live camera input, you are really into a high cost situation. Good projectors are expensive. Computers that can
send to multiple projectors are extraordinarily expensive, even the graphics cards are expensive. Software is also very expensive.
QLab has some decent features and is fairly cheap, but if you need to live edit and blend, get ready to
drop a minimum of 2 grand on Catalyst (also needs a
mac pro, minimum on the machine is about 4-5k)(and other options exist, I know, but I dont have minimum price points for them), plus a video
mixer if you want that. I cant emphasize this enough, the show I am working on now tried to do projection cheap and fast. Its been a straight up nightmare. Remember your three things, and pick two. Fast, Good and Cheap.