Search:

No problem.

Here is the answer.

Hive: HKEY_CURRENT_USER
Key: Software\Microsoft\Windows\CurrentVersion\Explorer\Advanced
Name: EnableBalloonTips
Type: REG_DWORD
Value: 0 disables tips

Is there a way to disable the baloons in the notification area?

Are you a student? If so you may want to think about purchasing it under that program.