In Microsoft's ongoing developer engagement strategy, a contest is being held to encourage students to develop Windows Phone 7 applications. The usual rules apply that you must not work for, or be related to anyone who works for Microsoft, and you have to be a resident of the United States; plus you must be over 18 years old and studying at a U.S. university or college. Runners up prizes include a trip for winner and guest to Austin, Texas to attend the SxSW Music Festival on March 13, 2012. Winners of the grand prize will recieve a cheque for $15,000.00. The contest has seperate categories for free and paid for applications. So what are you waiting for - get hacking - you have until February 14th 2012 to get your entries in. See the source link below.