Purchasing applecare warranty after purchasing macbook pro

soon I will be ordering a macbook pro via apple's educational discount online store
is it true that you can wait up to one year after purchasing a new mac to decide if you would like to add the applecare warranty?
if I decide to do this, would I still be able to purchase the applecare at the discounted educational price even though I am not buying it at the exact same time of purchase as the macbook pro?
are you not allowed to buy it if something goes wrong w/ the machine before you've even purchased applecare in the first year?
and if I can indeed to this, buy applecare up to a year later at educational pricing, how would I go about it?
thank you to anyone who can answer these questions

Also, if you wait until close to the one year period is up, be sure to register the applecare online before the year is up. i had problems once, i waited a little too long, and was able to get things taken care of through having my college bookstore write a special letter for me related to my purchase date so that i was able to add it on...
mostly i would recommend don't wait until exactly one year, but aim for a few weeks before the year is over. . .

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