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In the past we've explored doing Google Summer of Code, but without much success. I think this year the time is right, and we should get set up to do so. The timeline is here:
We have until the 19th of February to prep our application; I don't think we should go in as a mentoring organization, but instead attempt to apply through a larger mentoring organization such as NumFOCUS.
Is anyone willing to be a mentor? This would involve (virtual) checkins with students and spending a fair amount of time each week working with the student. It can be a gamble, but the program can be quite successful for both students and projects, and I personally think it's worth it. If you're interested, ping me off list in the next few days and let's start organizing.