I don't think it excludes them and in the text it says, " The NASA Startup Studio is intentionally designed to be completed alongside a full-time job or MBA pro

I don't think it excludes them and in the text it says, " The NASA Startup Studio is intentionally designed to be completed alongside a full-time job or MBA program, as participants need to commit an average of 15 hours per week." So certainly at least some students can participate.