Install Lightroom 5 with Lightroom 3 on the computer

Hi guys,
I have Lightroom 3 on my PC and now I want to install Lightroom 5. Can I do this without uninstalling Lightroom 3? Will Lightroom 5 realize that there are cataloges in Lightroom 3 and transfer them to Lightroom 5 automatically? Note that the Lightroom 5 Edition is a Full Version, not an Update Version. For me as a student the full version and the update were the same price, so I chose to buy the full version...
Thanks for your help :-)

yes, you can install lr5 while lr 3 is installed.
about migrating your catalog(s) etc: How to Migrate LR to Another Computer | The Complete Picture with Julieanne Kost | Adobe TV

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