Stuff.tv list the best free software for students
Decent list, but I WISH there was a better alternative to photoshop than GIMP, because it's interface sucks. I tend to use Pixlr.com more than GIMP just because the interface is familiar.
It is worth noting that Blender is not the best 3d Modelling software for students as Autodesk give away most of their products for free to students such as 3ds max and maya as well as mudbox
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