You may install the software on your machine for use while at the University of Chicago for school/work purposes - use of the software for other activities is a violation of the terms of this license. You DO NOT own the software; rather, you have a "right to use" the software while your eligibility is still valid. When your eligibility is no longer valid, you must cease use of the software covered under this agreement. You may use only Microsoft Office and/or the Core CAL on personally-owned computers at home as long as the home computer is used regularly for University purposes and there is a legitimate copy of Microsoft Office and/or the Core CAL on a university-owned computer at work that is available for your use. This software is being provided for your use only, and the right to use it does not extend to the other members of your family or household.
Redistribution of the software covered under this license to ineligible entities is expressly forbidden and constitutes a violation of the terms of this agreement. You may allow other eligible people or entities to install the software using media you may have borrowed, but you remain responsible for any installations done while you have the media and for the safe return of any items borrowed. Redistribution of the electronic/network versions of the software is expressly forbidden.
You can obtain a PDF copy of the Terms and Conditions of this agreement here.
Microsoft publishes the Product Use Rights for the products covered by the Campus Agreement on their web site.