For people seeking work in the video production field, personal websites have become more important than business cards. You need to site to show your reel and talk about work you have done. Students without any money can consider a number of free web hosting sites. If you don't have the cash to buy a domain, the consider a site like Weebly.com.
One of the benefits with this particular site is the number of templates they offer. They also have a simple "drag and drop" interface. So, you don't have to have a background in web designing to put up a nice looking site.
Check out other free web hosting sites.