Microsoft has announced a new version of Microsoft Office 365, it will be called Office 365 University and will be designed for students, and it will launch in the first quarter of 2013.

Microsoft Office 365 University Edition will retail for $79.99 for a four year and two computer user license, or as Microsoft points out about $1.67 a month for Office 365 and its cloud tools.

Microsoft Office 365 University Edition will have the following features.
Word, Excel, PowerPoint, Outlook, OneNote, Access, Publisher;

20 extra gigabytes of storage on Skydrive, for a total of 27 gigabytes. Every Skydrive user gets 7 gigabytes for free.

60 Skype ‘world minutes’ per month. This will be nice for students studying abroad, and could provide a gateway to getting more Skype users to using its paid services.

Office on Demand, allowing users to ‘stream’ Office onto a PC with an Internet connection. Go home for winter break, in other words, and you will still have Office.

Microsoft have not given an exact launch date as yet, all we know is the first quarter of next year, as soon as we get some more information we will let you guys know.

Source The Next Web