Is it still possible to make a movie on a low budget? Check out the short The Robert Rodriguez 10 Minute Film School on YouTube. Rodriguez directed From Dusk Till Dawn, Once Upon a Time in Mexico, Sin City and more. Watching this could provide just the motivation you need to make something from nothing.
Use the many resources available to you at Studio 300 and even get advice on movie production and post-production. Here are a couple of books that can further your film studies:
130 Projects to Get you into Filmmaking by Elliot Grove
The Shut Up and Shoot Documentary Guide: A Down and Dirty DV Production by Anthony Q. Artis