Welcome to SolidWorks forums Jerry.
Yes you should be able to run them but make sure you keep templates files and other settings on different location. It'll be better to install them in separate drive.
You might also find this post helpful for your future reference
It should be possible as long as you be careful during installation. I would suggest that you install the student version in a directory named differently from the Professional version and that you maintain different file locations for any files which may be common between the versions (Templates, BOM tables, etc) so there is no confusion. This is similar to what people do to maintain different year-versions on one computer.
I would make a guess that a main reason the instructor wants the work done in the student version is that he/she may be worried about the versions not being the same. SWorks (and most 3D software) is not backwardly compatible. That is, if your Pro version is SW2011 and the Student version is SW2010, the instructor would not be able to directly open a file you created in SW2011. SW2010 files can be opened in SW2011, but not reversed. Also, once opened in SW2011, the file would be saved to that version and not useable in SW2010 again.
Ok thanks for the information. I thought I might have a problem with serial numbers. I had an educational version that was going to expire and I installed the Pro version. I told it I wanted a separate installation, but after installing the Pro it came up as a student version. I uninstalled everything and reinstalled the Pro and things worked fine. I need to install the Educational version for classes this fall and just wanted to make sure I was not going to run into problems.
Jerry, You are right and the others are wrong. You cannot install two different serial numbers on the same computer. The only way you can do it is with a dual boot setup on your computer.
The other option would be what Jeff mentioned, installing two versions of your Pro license. But you would have to check with your instructor first to verify that the only reason they want student version is that it is a previous version.
I second Wayne.
I have a Professional version and Student version on my machine. Professional version is on normal boot, Student version is on Win XP mode. One plus of this setup is I can start FEA for school work (on XP mode), minimize XP mode, and run Professional version on normal boot for work.
I third Wayne.
You do need 2 different license codes. Even if you are running a network license
there are still different license codes the remote PC's are pulling their licenses from.
You might want to check with your local VAR on this one to obtain another license if you