The normal price for “Office 365″ University package is $79.99, which gives you a 4 year long subscription. The so-called ‘Student Package’ is already at quite a discounted rate if compared to the “Office 365 Home” (Premium) version, which stands at $99 per year. It’s also interesting to note here that these pricing tactics show Microsoft leaning towards a subscription based services rather than life-time registrations.
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