OSGeo has been accepted as mentoring organisation at Google Summer of Code (GSoC) 2012! This program provides funding for students to work on open source projects under the support of experienced mentors.
http://www.google-melange.com/gsoc/program/accepted_orgs/google/gsoc2012
http://www.google-melange.com/gsoc/org/show/google/gsoc2012/osgeo
All OSGeo projects are invited to propose ideas, and encourage would-be students to discuss their own ideas with the developers:
http://wiki.osgeo.org/wiki/Google_Summer_of_Code_2012_Ideas
The main communication channel is the dedicated mailing list:
http://lists.osgeo.org/mailman/listinfo/soc
We look forward for another productive and fun Summer of Code!