Please note that all Microsoft educational software is sold on the
basis that the end user qualifies under the criteria specified at

http://www.microsoft.com/uk/education/schools/software-licensing/types-of-educational-
licence/full-packaged-products.aspx

Features

• Task Drivers help you determine the factor (such as task dependency,
  calendar constraints, schedule date, or vacation time) driving the start
  date of the task, so you can follow a chain of factors back to find the
  root cause of a particular delay.


• With the budget field, you can assign budgets to projects and
  programs. The new “Cost” resource type improves cost estimation and
  tracking.


• Quickly master the project management process with the Project
  Guide, a step-by-step, interactive aid that helps you set up projects,
  manage tasks and resources, track status, and report project
  information.


• Share and manage documents related to your projects using Microsoft
  Windows SharePoint Services workspaces (requires Microsoft Windows
  Server 2003 or later), which are integrated into the Tasks pane of the
  Project Guide.


• If you downloaded a trial version from Office Online and
  would like to convert it to a full license, you must do so at
  Office Online.
  
  Click here.


• Office Project 2007 will automatically highlight all items that
  shift as a result of the most recent change you make. Now, with Change
  Highlights you gain a better understanding of the impacts of your
  choices.


• Compute and track core metrics unique to your project by defining
  custom fields based on your formulas. Graphical indicators can alert you
  when specific conditions are met.


• The Visual Reports feature uses Microsoft Office Excel and Microsoft
  Office Visio Professional to produce PivotTable views, charts, graphs,
  and diagrams based on Project data.


• Access built-in online Help to get the latest training, articles,
  templates, and resources. Get timely and relevant assistance as you work
  with smart tags that alert you to alternatives when you make changes to
  your plan.