Google Summer of Code 2006 announced
The Summer of Code 2006 at Google Code Blog
Following the success of last year’s Summer of Code competition, in which Google and other organisations sponsor students around the world to complete programming projects. Stipends of $4500 were available last year to students who successfully completed their assignments, and whilst that doesn’t sound like a lot it’s a good way to earn a living over the summer vacation whilst working on something that you’re interested in,, plus who knows where the experience may lead – a completed project could impress a mentoring organisation enough for them to offer you a job after graduation. The code is usually released under some form of open source license as well, so everyone benefits.
More details can be found on the Summer of Code web site.