If it were me, I'd be up for it... (A job that pays with unique experience vs. just being a full-time student running on some meager savings.) But like the others have said, find out what the whole deal is and weigh the options. The competition at that level will be fierce, but these types of job offers don't come up often... It appears that even if your work doesn't make it into a movie, it would appear that you could still get something in a commercial, music video, or even a videogame... And we'd have the benefit of saying we knew about you before you hit the big time. :) (I'd be able to say, "Hey, I sorta know the guy who did those buildings in that shot...") (Not like you couldn't stick around here still, it's just likely that you wouldn't be able to spill the beans on at least half the things you're working on.)

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Barbequed Pixels?

Your friendly neighborhood Wings3D nut.
Also feel free to browse my freebies at ShareCG.
There might be something worth downloading.