I have been reading up on Microsoft's involvement in academia recently (for reasons that I hope will become obvious soon :-)).
There's a lot on offer. One great program is the Microsoft Student Partners.
If you are a student with a passion for technology check out http://student-partners.com/Default.aspx
Who are the MSPs at your university? Find them here http://student-partners.com/Msp/Search/SearchMspProfiles.aspx