Drupal is officially accepted into Google Summer of Code 2017 and is currently accepting student proposals. Students are encouraged to request proposal reviews on IRC in #drupal-google at Freenode.
Calling all mentors! Even if you don't have an idea or elite coder skills, you can still help. Drupal prefers to accept a small amount of projects with as many mentors per project as possible. If you're interested participating, contact me via d.o or find us on IRC. We're more than happy to team you up with potential students who will continue pushing Drupal 8 to the next level.