I really want a domain name that i found but it is taken, i found out that the domain expires on April 2nd, 2014 and was registered on April 2nd, 2005, it tells me that it is inactive but was last updated on March 14th, 2013.

All that i found using http://www.who.is/

I'm very new to this, so what is the best thing to do. I'm currently a student so waiting until that time will guarantee me a domain name without spending extra cash? Please help