Here's something for all those students amongst us! 

"Summer of Code", Google’s latest open source initiative, is expressly designed to get the brightest minds on campus contributing code to open source initiatives and inventing new open source programs. After all, while altruistic motives are praiseworthy and the rewards of peer recognition sweet, the idea of a financial prize for stellar work predates the Nobel Commission – and who really needs money more than broke college students?

So here’s the skinny: we’ll give $4,500 to applicants who successfully work with a sponsoring organization or advisor to create innovative or useful open source software. We’ll also get you a t-shirt to go along with the cash.

Visit code.google.com/summerofcode.html to learn more and submit your idea for a project. The deadline for applications is June 14, 2005.