Well, if you want some serious use suggestions, start by thinking of your iPad as a tool and not an entertainment device. Although it has to be the best entertainment device on the planet, it's so much more.
As a student, you may want to check out Awesome Note (also known as aNote). It has tabs that can be added, removed, and/or renamed. My suggestion would be to have one for each of your classes. You add notes to tabs/classes by date. So this could be used for capturing the days notes or the due dates for assignments. Awhile back, I got a tablet PC, one of those you can write on the screen with a stylus, btw, the best student PC out there. It had a similar program that came as part of an Education package with it. ANote is a great app even for the non-student.
USA Today is a great app for staying up on current events and I highly recommend it. I use it every day and currently, the daily updates of content is still free.
ESPN ScoreCentral XL is great for keeping up on college or professional games - not sure about those played on your side of the pond, but it's great over here.
This forum is the best place for continued education and bouncing ideas off of.
Other than those, i use the regular built in stuff. Learn everything you can and lets prove to the masses that this IS a device for more uses than gaming and video watching. My iPad 2 was provided to me by my company, proving that it's making it's way into large corporations.