If you are having issues with Microsoft Office documents on the new Macbook, and find that you can not "save" or "save as" please try the steps below.
From the "Word" menu, the third option should be "sign out." Click it. If it is not there, then move to the next step.
Quit out of word ("word" menu -> quit) (If you have work you don't want to lose, select it all and copy it.)
Reopen word and click on activate in the bottom left of the window.
Click "Already have a subscription? Sign in" and sign back into your account with your school credentials. More instruction on how to activate Office.