AutoCAD LT is the lower-cost version of AutoCAD, with reduced capabilities, first released in November 1993. Autodesk developed AutoCAD LT to have an entry-level CAD package to compete in the lower price level. Priced at $495, it became the first AutoCAD product priced below $1000. It was sold directly by Autodesk and in computer stores unlike the full version of AutoCAD, which must be purchased from official Autodesk dealers. AutoCAD LT 2015 introduced Desktop Subscription service from $360 per year; as of 2018, three subscription plans were available, from $50 a month to a 3-year, $1170 license.
AutoCAD is licensed, for free, to students, educators, and educational institutions, with a 12-month renewable license available. Licenses acquired before March 25, 2020 were a 36-month license, with its last renovation on March 24, 2020. The student version of AutoCAD is functionally identical to the full commercial version, with one exception: DWG files created or edited by a student version have an internal bit-flag set (the "educational flag"). When such a DWG file is printed by any version of AutoCAD (commercial or student) older than AutoCAD 2014 SP1 or AutoCAD 2019 and newer, the output includes a plot stamp/banner on all four sides. Objects created in the Student Version cannot be used for commercial use. Student Version objects "infect" a commercial version DWG file if they are imported in versions older than AutoCAD 2015 or newer than AutoCAD 2018.
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