Need help updating my creative cloud

Hello Adobe community!
I am a student in highschool. Last year, i bought Creative Cloud for one year and it has now expired. After looking around adobe.com, i found this option: http://www.adobe.com/offer-terms/edu_puf_promo.html. Does this mean I can buy Creative cloud for 12 months at 20.00$ a month, then cancel my contract for the upcoming year? I really only need Photoshop and Premiere pro for this year, no need for it next year too. Thanks in advance!
Pascale

If you have used the Education promotion price for your 1st year once, I don't think you may do so again
Creative Cloud chat support (all Creative Cloud customer service issues)
http://helpx.adobe.com/x-productkb/global/service-ccm.html

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