Large Language Models (LLMs) are becoming increasingly competent across various domains, educators are showing a growing interest in integrating these LLMs into the learning process. Especially in software engineering, LLMs have demonstrated qualitatively better capabilities in code summarization, code generation, and debugging. Despite various research on LLMs for software engineering tasks in practice, limited research captures the benefits of LLMs for pedagogical advancements and their impact on the student learning process. To this extent, we analyze 126 undergraduate students' interaction with an AI assistant during a 13-week semester to understand the benefits of AI for software engineering learning. We analyze the conversations, code generated, code utilized, and the human intervention levels to integrate the code into the code base. Our findings suggest that students prefer ChatGPT over CoPilot. Our analysis also finds that ChatGPT generates responses with lower computational complexity compared to CoPilot. Furthermore, conversational-based interaction helps improve the quality of the code generated compared to auto-generated code. Early adoption of LLMs in software engineering is crucial to remain competitive in the rapidly developing landscape. Hence, the next generation of software engineers must acquire the necessary skills to interact with AI to improve productivity.