Google Summer of Code has posted their list of accepted organizations and Blender is on it.
Interested students can apply in 10 days, check here for a list of Blender Project Ideas.
Applicants are also welcome to choose a project of their own design that implements a feature they wish Blender had.
We especially invite students to contribute based on their past experience and competences, or based on their current research, so that they can efficiently bring in new development directions for blender.
Be warned though, some areas of the code are scheduled for dramatic architectural changes and are beyond the scope of a Summer of Code project. With this in mind, it may be prudent for an applicant to pass ideas around on the developer’s mailinglist before investing a lot of time on a proposal (see link below).
Additional project ideas may be added to this list, so you may want to check this page later as the application deadline looms.