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Although Google Adsense Program is the best in the world but It is a big company. Sometimes they don't accept every application.

Pay Per Click Programs

BidVertiser	Place the BidVertiser text ads on your website and make money online by getting paid for every click.
AdBrite	AdBrite, is currently one of the best alternatives there is to Google's adsense. While they do not offer the same large selection of ad formats that Clicksor and Google Adsense provide you they do offer the most commonly used ones. In addition they offer inline page links with have some great click through ratios as well as interstitial full page ads which offer an excellent way to monetize all traffic to your site not just traffic that clicks on your ads. Their payouts are also very competitive. They have more relaxed terms and conditions than Adsense and are much more accepting of smaller publishers including bloggers. If you're a publisher, use AdBrite to set your own ad rates, and approve or reject every ad that's purchased for your site or just have AdBrite auto accept ever ad. AdBrite enables you to instantly sell ads to your visitors via a "Your Ad Here" link, in addition to selling through AdBrite's marketplace and sales team.
Clicksor	Clicksor is one of the current leaders of the small publisher Adsense competition. They have payouts upto a market leading 85% and unlike a number of alternatives the cost per click bid values are high enough that you can earn a decent income. They are also, in my experience, much more tollerant than Google. Their terms and conditions suggest that you should only place one copy of their code on a page but as long as you only place a single pop-up or DHTML code on a page they seem happy to let you place many context sensitive ad blocks on a single site.
Yahoo YPN	The best adsense alternative, but is open only for US publishers.
FastClick.com	At first look FastClick would appear to be one of the better alternatives to Google's Adsense however, they are one of many online advertising companies that tend to favor the large customers. You'd think companies would have learnt from Google's success and accepted that the way to make money is to target both large and small. Remember Excite? They went the way of the dodo because they only targeted the top 100 companies rather than the small guys who can't afford large TV adverts and have to advertise on the Internet instead. Anyway, I digress. If you can get yourself accepted to FastClick (now called ValueClick) then you will probably be able to run some reasonably high paying adverts on your site but most small website owners will find that FastClick simply aren't interested.
Tribal Fusion	One of the top eCPM advertising network with good payouts. However, only sites with a minimum of 2000 unique hits per day can apply. Rating 4.5/5
RevenuePilot.com	Revenue Pilot is a great alternative to Google's Adsense. They provide a large number of different ad formats and also provide access to a unique "CHECK PRICES" tool which allows you to enter a keyword and see how many advertisers are currently offering ads on this keyword, how much they are bidding and how much Revenue Pilot will pay you. This is an awesome tool that gives you as a publisher the opportunity to carefully optimize your site for maximum payout or as an advertiser to research neglected keywords, see how much others are bidding and so make your advertising budget go as far as possible. As far as I am aware no other Ad provider offers such a useful tool.

Earn Money through Affiliate Programs

123inkjets.com	Store selling Inkjet cartridges, photo paper, cables, toner and other printer-related goods. Earn 27% commission on each sale you generate through a banner or text link on your site.
Affiliate Tips.com	Affiliate directory, reviews on affiliate programs, helpful articles and affilaite marketing tools.
AffiliateSeeking.com	Well organized directory of affiliate programs, organized by category.
AllPosters.com	Sell posters on your Website, earn 25% commission on each poster you sell.
Amazon.com	Amazon.com is an online store specialized in selling books, CDs, DVDs and Videos. When a visitor of your site purchases an item from Amazon.com through a link on your site, you will receive a fee of between 5% and 15% of the purchase price.
Become a TreePad Affiliate and earn money!	As a TreePad affiliate you can earn 25% commissions on any sales you make! Grateful to all TreePad users, who have been TreePad's best advertisers, we are now happy to offer you this excellent possibility of earning money. Sign up is free and open to anyone interested.
Clickbank	Promote and sell your own products or promote other products and receive a commision on each sale which you generate.
clixGalore	Build your own affiliate program and boost your sales, leads and website traffic by promoting and building your own large 'pay for performance' sales team.
Commission junction	Over 1000 advertisement programs to choose from. Real-time tracking, reporting and analysis of impressions, get paid monthly by check, etc.
eBay	Online auction house. Earn $5 for each new client who signs up with eBay, earn $0.05 for each bidder at eBay. Also: eBay affiliate University for improving your performance. Limitation: US based affiliates only at this time.
iDonovan.com	Online recruiting company. Pays $ 20-30 USD for each referred sale.
iPowerWeb	Webhosting company. Receive $65 (Tier 1) and $5 (Tier 2) in commission for every new customer
LunarPages Webhosting	Webhosting company. Earn $52.00 for each new customer (Tier 1) and $ 5 (tear 2).
PayDotCom.com	Promote products and earn commissions as a PayDotCom affiliate. PayPal-related.