Jostens, Inc., Minneapolis has introduced Personal Yearbook Pages, (TM) a revolutionary new yearbook application that creates a more inclusive yearbook by giving every student the ability to create personalized yearbook pages
May or may not be the thing for you but here is a design contest link http://www.vistaprint.com/design-challenge/home.aspx?xnav=top#here . Anyone have any more to add as a comment?
Lasted Creative Pro newsletter is out. Free stuff, Power Illustrator tips and more. I love this newsletter. You may want to subscribe too. http://www.creativepro.com/