In an interesting new promotion, Sprint and Best Buy are teaming up to offer students a very nice deal.

Students who purchase a handset at an unsubsidized price will receive free text, talk, and 1GB of data for 12 months. Unlimited data can be added on for just $10 a month.

According to Best Buy, eligible students can buy a 16GB iPhone 5s for $699.99 and an iPhone 5c for $599.99. The iPhone 4S is also on the list, and can be purchased for $499.99. An activation fee of $36 is required.

To be eligible, you must be a student enrolled in a U.S.-based elementary, middle school, high school, college, university, or other accredited institution. Buyers must provide proof of student eligibility.

Each additional phone line added to the account at Best Buy, with a two-year contract, will earn another 12 months of free service for the student line.

The offer will be good through Saturday, Jan. 4, 2014. For a year of free service, I definitely wouldn’t have an issue paying for an unsubsidized iPhone.

And just yesterday, we reported on another great deal for buyers looking to snag an iPhone 5s or iPhone 5c. AT&T is offering the both handsets for half off, with a two-year contract. That means you could pick up the iPhone 5s for as low as $99 and just spend $49 for an iPhone 5c.

For other news today, see: Bug Fixes And Performance Enhancements Arrive With Apple’s iOS 7.1 Beta, Apple’s New iPad mini Shows Poorer Color Accuracy When Compared To Other Tablets, and Apple’s App Store Leads, But Each Of The Big Three Could Be Improved.