Hi, Seems fairly generous: "Google will provide a stipend of 5500 USD per accepted student developer, of which 5000 USD goes to the student and 500 USD goes to the mentoring organization."
But does require a lot of work in mentoring etc on our side. FAQ for those interested is here: http://www.google-melange.com/document/show/gsoc_program/google/gsoc2012/faqs Justin
