Microsoft is dropping the price of Office 365 for students and teachers by 10%.
The company said in a blog post that it’s a “significant” price cut for all customers, and that the pricing change will come as a welcome relief to students and educators who are already using the software.
The announcement follows a recent announcement that the company would start charging students and parents for Office 365 subscriptions starting at $99.99 per year for Office Premium and $59.99 for Business, and by $99 for Education.
Microsoft’s Office 365 plan for teachers is free.
“Students and educators in our education, business, and media communities are eager to continue using Office 365.
We’ve already started to implement these price reductions and today are announcing a new set of savings for students,” Microsoft’s Andrew Miers said in the blog post.
“Today’s price cuts are a significant reduction in cost for students, and it’s important for educators to know they’re getting a great deal.”
Office 365 subscriptions cost $9.99/month for Business and $39.99 (with free 30-day trial) for Education, but Microsoft is still offering free Office 365 to students.
Students and educators can get Office 365 by using a Microsoft account or by using an external app.
Microsoft’s blog post does not mention the Office 365 student plan for educators, but the company did note that the new prices for teachers will be a significant decrease from the previous pricing model.
“We have reduced the price for teachers from $299 to $199.99 a year for students.”
Microsoft previously announced that it was charging teachers $79.99, which is similar to the $199 price for students.
However, Microsoft also recently lowered the price to $149.99.
Microsoft previously announced plans to reduce the price on teachers by 20% this fall.