Spotify is now offering its premium music streaming service to students in the United States for the discounted price of only $4.99 per month, or half of the price of the usual $9.99 per month for regular Spotify Premium users.

Students that wish to subscribe to the music-streaming service at the discounted price will have to follow the steps on Spotify's Web site to verify that the school or institution that they're attending is included in the list of supported schools or institutions. The information the user puts in will then be verified.

Both new subscribers and existing subscribers can take advantage of the discounted price as long as they meet the requirements. The discounted pricing is good for up to 12 consecutive months.

It's definitely nice to see Spotify doing this for students. Will you be trying to take advantage of the reduced pricing?

Sources: Spotify via iClarified