Yes the Student offer is a full version I believe and not an Upgrade so you can clean install it by booting from the DVD, after entering BIOS setup and setting DVD drive to boot first before HD.
Be sure to use Custom Advanced drive tools to Create New Partition(s) as you desire and Format before installing.
Hopefully you have ethernet to plug in and select to "Connect to internet during install" as Windows 7 will update it's installer with even newer drivers
and updates as it installs.
The installer is nearly driver
-complete, but you may need to have your mobo CD and other drivers handy in case any are missing you can insert them via Device Manager. Newer ones will come in first Windows Updates.