does your school have editing facilities? what about local community TV? i was able to get through film school (within a 40,000 student university) with just a crappy HP desktop and a Firewire drive because i was able to leverage other people’s equipment.
i had quite a few internships during college, but the most beneficial as far as production goes, was working for the local community TV station. think “Wayne’s World”. that place was always buzzing with volunteers who either knew a bunch about editing and shooting, or were scratching to learn. they had their own FCP editing suites and a bunch of prosumer Canon shooting gear. as a volunteer, i got free use of everything. i also got to work on a few local productions, especially live music events, that for me really filled in the gaps in my film education.
i didnt learn this until my last year of school, but one of the university libraries had their own cache of DV cameras and a bunch of G4s loaded with Final Cut and DVD Studio (this was 6+ years ago, btw). any current student could check out the cameras for any length of time, and the G4s were almost always available. when i couldnt get into the editing suites at the film lab because they were full, i was able to work on the G4s at the library. thus, all i needed was a firewire drive. i could always find a computer or camera when i needed.
one last thing. most film schools are dead in the summer. if you’ve been a student for awhile and gotten to know the staff, you might be able to check out equipment during that time even though you’re technically not in a class. in fact, one of my professors told me that he initially became a professor so he could spend his free time shooting movies with the free equipment from the school. students can sometimes do this too.
internships are key as Bob pointed out. you don’t need your own system. really, just an external drive will suffice. my rule of thumb was and still is –
beg or borrow
if not, then rent
if you absolutely have to because your income or learning depends on it, buy
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Eric Hansen, The Audio Visual Plumber – http://www.avplumber.com