Know any writers that are currently undergraduates?: Encourage them to polish up some work and submit!
Here is their Duotrope Page.
Mark your calendar: Their regular submissions are from September 1 - May 1. They also have a contest, the Undergraduate MoRe Prize (for short fiction) with a submission window of October 1 – December 1.
What it costs to submit: Regular submissions have no fee. The Undergraduate MoRe Prize costs $5 to submit and has $50 prize. That is a prize of only 10 submission's entry fees, so they probably don't receive many submissions, making your chances better.
What to submit: Five poems or one piece of prose (fiction or essay).
Do they have a podcast?: They do! And there's a lot of episodes to check out here.
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I've emailed them a few questions about their aesthetics, we'll see if they respond.