Microsoft 11740 Published by

Students with a qualifying .edu e-mail address can register to receive three months free of Office 365 University and an extra 20GB of space for their SkyDrive online storage



From CNET:
Geared for college students and teachers, a license for Office 365 University costs $79.99 for four years and is good for up to two PCs or Macs. The educational suite includes the same applications and features found in Office 365 Home Premium, including the 20GB of SkyDrive storage and 60 minutes worth of Skype calls per month.

Microsoft has also unveiled a couple of promo spots, attempting to show how someone can use Office 365 and SkyDrive together, either individually or with a group.

Microsoft has been touting the subscription-based Office 365 over its desktop counterpart for people who need to run the program on more than one device.
  Microsoft offers students three months free of Office 365