Word showing incorrect managed metadata set

Hi Everyone

I have a document library with 2 managed metadata columns, 1 of which is for a list of students in a classroom.  I created a template from the library and imported it into a related site, changing the reference for the student metadata to a different list of students.

In SharePoint's webpage, this works perfectly.  In Word or Excel, when I create a new file and complete the required properties, it displays the list of students from before I created the template - not the correct term set.

Has anyone seen this before?  Any assistance greatly appreciated.

Dan