Cloud Computing is an emerging technology. It is a growing technology which can change traditional IT systems. It plays a major role in today’s technology sector. People are using it every day through one way or another. Education sector is not out of this phenomenon. At the present time the teaching method is changing and students are becoming much technology based and therefore it is necessary that we think about the most recent technologies to incorporate in the teaching and learning methods. By sharing Information technology related services in the cloud, educational institutions can better concentrate on offering students, teachers, faculty and staff the essential instruments. Bangladesh is a developing country. So applying this technology on education sector is a huge challenge for Bangladesh. In this paper it is discussed that how Bangladesh can be benefited by applying cloud in education and its challenges followed by some case studies and success stories.