I came across this today and figured that you may all want to hear about it. 

Are you a registered student?  do you want to start demonstrating your programming skills but can't afford products like XNA game studio or Visual Studio.. Well look no further, Microsoft are now giving the stuff away.

 Check out http://www.microsoft.com/Presspass/press/2008/feb08/02-18GSDPR.mspx?rss_fdn=Press%20Releases