Does the Student License Allow for Two Installs?

Does the Student License Allow for Two Installs?
I have a desktop iMac and a Macbook notebook. I just purchased Adobe Web Standard CS3 (student license).
Can I install and activate the package on both of my computers? I know I could do this with a regular license, but I was unsure about the student license.
Thanks in advance.
Dave

HEEEEEELPPPPPPPPPP, PLEASE
I purchased adobe cs3 primium but i already had photoshop installed. I installed cs3 primium and now i keep getting the error that the licensing has stopped working can't use file cont IT or cust. support. I tried to download the clean file and it gives me the same error to open this file. i tried to uninstall with control panel programs and uninstall and it gives me the error uninstall not complete. I tried to repair with disc and uninstall with the disc and nothing is working. I have windows vista with 100g hd 500 mem duo core all the proper requirements but i can't get this to work.'
HELP anyone

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