Bill Gates' prodigy and internet giant Microsoft will give a million students of discounted hardware, software, and broadband service to students from low-income families.

This project is part of the Redmond's Shape the Future campaign. Microsoft will work with nonprofit organizations, private and government agencies to render low-cost PCs, educational software, job skills training and high-speed internet to beneficiaries.

It is the main goal of the project to bridge the achievement gap between privileged students with internet at home and their less digitally-equipped students.

According to Federal Reserve, children without online access tend to graduate with lower six to eight points than those students with computers, laptops and internet at home. Increasing poverty situation widens the income gap between students.

"At Microsoft, we believe all students should have access to the building blocks of a quality education. Putting technology in the hands of a student who did not have access is a powerful step on the path leading to graduation, employability and a better future," Worldwide Education for Microsoft vice president Anthony Salcito said.

Last year, Microsoft partnered with media mogul Oprah Winfrey in giving $1 million-worth computers and equipment to Canterbury Boys High School in Sydney, Australia. Moreover, Microsoft and Oprah $250,000 gave a man with cancer.