When you click the <html><kbd>Create</kbd> in the <kbd>Save List menu</kbd></html> you will be allowed to create a new list by naming it. Once you have created the list you can add 1 or more criteria to the list and you can add one or more static entries.
There is no difference in how you create static list and dynamic list. With a static list you add fixed contacts (students or parents).
There is no difference in how you create static list and dynamic list. With a dynamic list you add criteria (which determine how to select students or parents).