Peacock is one of the few streaming services that currently offers a student discount. For those meeting the eligibility requirements, a student Peacock subscription costs just $5.99 a month for 12 months.
With so many streaming services now available, it is understandable that consumers will want to save as much as they can on individual subscriptions.
For students, specifically, taking advantage of eligible discounts can greatly help to save on the cost of streaming.
For example, Hulu offers the option for students to save on its With Ads plan, Paramount+ offer a student discount on its ad-supported Essential tier, and YouTube offers a massive saving on NFL Sunday Ticket.
Peacock is another streaming service where students can save on the cost.
How Much You’ll Save With a Student Discount
At $5.99 a month, the student Peacock plan offers considerable savings over the course of the year.
Those paying for the student plan get access to Peacock’s Premium subscription, which normally costs $10.99 a month.
At the discounted price, students save $5 each month, which works out to be a saving of $60 over the course of the year. Even when compared to the $109.99 annual Premium plan price, students still save around $38 each year.
| Peacock | Student | Non-student | Saving |
|---|---|---|---|
| Monthly | $5.99/mo | $10.99/mo | $5/mo |
| Annually | $71.88 | $109.99 | $38 |
Note: While Peacock offers a student discount on its Premium plan, there’s currently no option for students to save on the ad-free Premium Plus tier.
How the Peacock Student Discount Works
Considering the big savings on offer with the student discount, Peacock does require students to confirm their eligibility.
Similar to Peacock’s teacher discount, the streaming service makes use of a company called SheerID to verify student status.
This process involves being redirected to the SheerID website and entering some personal information, including your full name, date of birth, school name, and email address.
Once verified, you’ll receive a promo code by email and new subscribers can then add the discount code in the “Have a promo code?” field when signing up to Peacock.
Here’s a quick recap of those instructions:
- Visit Peacock student discount page
- Click on Get Started
- Enter required information after redirecting to SheerID
- Click Verify My Student Status
- Once verified, check for email containing single-use promo code
- Click Redeem Now (in the email)
- Create a Peacock account
- Enter promo code in Have a promo code? field (during checkout)
Note: Existing Peacock account holders can apply the promo code to their account by heading to the Plans & Payments page of the Account section and entering the code in the box next to “Have a promotional code?” field.
An Annual Subscription Can Be a Good Alternative
For those that struggle with verification, as well as those interested in an ad-free viewing experience, an annual plan can be a good alternative to a student discount.
And, depending on when you sign up, an annual plan could offer even greater savings than signing up with a student discount.
Peacock offers two different Premium tiers, Premium and Premium Plus, with the price set at $10.99 and $16.99 a month, respectively.
Signing up for an annual plan reduces the cost of either subscription tier by around 17%.
At $109.99 a year, the Premium annual plan results in a saving of $21.89 over 12 months. At $169.99 a year, the Premium Plus annual plan offers a saving of $33.89 over 12 months.
| Peacock | Monthly | Annual | Saving |
|---|---|---|---|
| Premium | $10.99 | $109.99 | $21.89 |
| Premium Plus | $16.99 | $169.99 | $33.89 |
While these prices are significantly higher than the student rate, there are times throughout the year when Peacock offers additional savings on its annual plans, and this can be where the real savings are had.
Over the years, Peacock has reduced its annual Premium plan down to as low as $20. While the cost is unlikely to drop that low again, waiting for a deal can be a great way to save on the cost.
Of course, there are downsides with an annual plan, and these should be taken into consideration before signing up to one.
The first, and likely the biggest downside, is that a full year has to be paid in advance.
For those on a limited budget, paying the higher monthly rate may prove the better option. As monthly subscribers retain the ability to cancel at any time, they only pay for the months they have used the service.
In contrast, canceling a Peacock subscription before the year has finished won’t result in the annual subscription being canceled immediately. It also won’t result in a refund for any unused time.
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