I’m a big bargain hunter so Microsoft’s latest deal makes me wish I was still in college.

Eligible college students can buy Microsoft Office Ultimate 2007 (includes the latest versions of Word, Excel, PowerPoint, OneNote and something called Groove) for $59.95. Us non-students have to fork over $600 for the same package.

Microsoft even launched a special site to promote the deal: www.theultimatesteal.com

To qualify: You need a valid .edu e-mail address and be enrolled at eligible educational institutions. I didn’t see a list of schools but the above web site lets you check eligibility by e-mail.

Dig deeper into Microsoft’s press pitch to discover a good reason why the company is giving students a 90 percent break: To prevent sharing software and/or pirated software.

Ahh… now it makes sense.

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