What is the latest version of Micro Type for school use?
The latest version of Microtype is version 4. It appears it hasn't been updated in a while. You have the possibility to download the DEMO application from the official website. To obtain additional information about the software and its features, use the contact details on the main website.
Contact page: http://microtype.swlearning.com/mt4/talktous/talktous.html
The latest version of MicroType is version 6, but I don't think it is free.