Mark,
information about license server and Creo license is included in the file with psf extension located in Creo2_LOADPOINT\Creo 2.0\Parametric\bin directory. Default psf file is named parametric.psf.
"Important" lines:
DESC= ... contains description identifying used license
ENV=PTC_D_LICENSE_FILE-= ... contains path to license file
ENV=CREOPMA_FEATURE_NAME= ... contains license name
You can copy parametric.psf to parametric_EDUC.psf (for example) and modify the above mentioned lines to contain information specific for EDUCATIONAL license.
Martin Hanak