Hope this clarifies things. You do get the lower price of the Home and Student version... Academic software is a whole different beast. "Home" being the key word here. Quoted from MS license terms: 11. ACADEMIC SOFTWARE. You must be a “Qualified Educational User” to use software marked as “Academic” edition. If you do not know whether you are a Qualified Educational User, visit www.microsoft.com/education or contact the Microsoft affiliate serving your country. 12. HOME AND STUDENT SOFTWARE. For software marked “Home and Student” edition, you may install one copy of the software on up to three licensed devices in your household for use by people for whom that is their primary residence. The software may not be used for commercial, nonprofit, or revenue-generating activities. Quoted from "Office 2010 Frequently Asked Questions" web page: 6. I own or work for a small business; can I use Office Home and Student 2010 at my work? No. Office Home and Student 2010 is licensed only for non-commercial use for members of your household. 7. Do I need to have a student in my household in order to qualify to purchase and use Office Home and Student 2010? No. 8. As a school or nonprofit, can I use Office Home and Student? No. You may install the software in your household for use only by people who reside there. The software is not licensed for any commercial, nonprofit, or revenue-generating business activities. EDIT: Here is an example of a academic(student) sales/sites: Microsoft Student MS College ready, career ready site JourneyED.com sales site Notice, that, at these student(academic) sites prices are about half the retail of the 149+ of the Home and Student version. And, also, notice they are the MS Office Plus Pro version at JourneyED. EDIT edit: Also, noticed that a Military Service Person qualifies, too, in some instances.