Hi
Fedora is sponsoring a "summer of code" program for students called
Fedora Summer Coding[1], which is looking for student participants.
The ideas page[2] has some specific projects and mentors have until
April 14th to add to that list.
[1]
https://fedoraproject.org/wiki/Summer_Coding_2010
[2]
https://fedoraproject.org/wiki/Summer_Coding_2010_ideas
Rahul