In their journey to get everyone hooked on their dev tools, Microsoft has rolled out DreamSpark, a site where students can download:

These products are great for folks who are just starting out in development and design. They are free to students on a 12 month renewable basis for as long as you are a student.

**Update: if your school isn’t in the preexisting list you can go through JourneyEd to verify student status as well.