Legal question - Am I permitted to use the student version for personal business while studying?

Hello.
I am currently a digital imaging student and have a student subscription to CC.  I am required to use Photoshop, Bridge, Lightroom etc quite a lot.
We have started a "freelance photography" unit and we are being encouraged to actually start/register our own businesses.
I am curious about this...  If I was to start my own photographic/imaging business and got some work, would I be able to use Photoshop etc for this work with only the student membership or would I need to upgrage/repurchase another subscription?
I could wade through the legal documents but this information does not seem to be very readily available and I'm hoping to fast-track an answer.  I will need to pass on the information to my teachers, as well (they can be a little vague on specific details at times...).
Thanks for any information about this.
Daniel.

Luis,
That's an entirely unhelpful response.
1.  The computers in question are not "privately owned".
2a.  The software licensed on those computers is licensed to someone else.
2b.  The software would actually be licensed under an "educational institution" license not the "student" license.
I'm asking here because its very likely that my teachers wouldn't know and it would probably take the IT department quite a while to tell me - It'd be more than likely faster to read the legals myself, if I was able to find them. 
I'm hoping that someone who knows the specifics can inform me.
Daniel.

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