Webstore, Transfer ESRI ArcGIS student license to a different computer

I have an ESRI ArcGIS Student license. How do I transfer this license to a different computer?

Open the ArcGIS License Administrator and click on the Support Operations folder.  Click on Deauthorize and follow the prompts. This will deauthorize the license on your computer which will allow you to install ArcGIS software on a different computer.