Teams interested in conducting student-driven research should submit a letter of intent by Sept. 14. This step is optional, but serves as an introductory notice that a team plans to submit a proposal for the competition. Proposals for student-driven experiments are due Oct. 26, and selected teams will be announced Dec. 7. The actual flight experience will take place in June 2012.
This opportunity will set you up for a career in space, so what are you waiting for, my permission. Get a team together and start designing.