Microsoft is running an offer especially for college students called The Ultimate Steal. For a limited time, students can obtain a copy of Microsoft 2007 Ultimate Edition for only $59.95. To qualify for this offer, you must be enrolled at a US educational institution and have a valid e-mail address that ends in the edu domain. Considering this package is available at retail for around $500, this is a fantastic deal for students. So check it out and save some $$$ today!
Even though you can download the software from the Web site, you should also consider purchasing (for an additional fee) the software on DVD. This will make reinstalling the software much easier in the future in case you have a problem (such as your hard drive fails).