I got an office 365 download link for students from the following link from Microsoft: http://thenextweb.com/microsoft/2014/09/22/microsoft-now-lets-eligible-students-sign-free-office-365-subscriptions/
The activate feature on the Office 365 installation is not letting me activate the product with my student email address. On my account, I've seen the following message for the last 6 hours:
Setting up Office... When setup is done, install Office from this page.