More information can be found on Intel's Level Up site.
Take advantage of this amazing opportunity to get student game ideas in front of gaming luminaries and Intel game development experts, and to be part of a vibrant gaming community. Student prizes include cash, the latest hardware systems, the newest software packages, and a grand prize pass to the San Francisco Game Developers Conference (GDC).
We encourage student game developers to enter as often as they'd like, to participate, connect, and show their talents. Game concepts can be submitted until June 22, 2010.
Check out this sweet picture from the competition website... that is one badass aeronautical game developer! Alas, he is doggedly committed to his Melvillian quest to hunt down his nemesis, Unallocated Memory Exception.