You can never have "enough" tools and gadgets in your kitchen but good cooking really doesn't require all that many.  Here's a list for a very basic set of kitchen tools carefully selected to cook well, but not cost too much.  We've chosen metal over plastics for health and durability.  We've chosen heavier gauge over cheap and light when it will give you a superior result.

Required Kitchen Tools

Since Walmart is generally the only local store in proximity to many students we've listed tools below that are available there for a total of $129.85. Try shopping for used items or ask your family for duplicates.  Find a knife sharpener sometime before you new knife gets dull.

Non-Food Supplies

A few basic supplies total about $15

Optional, But Helpful Kitchen Tools

Rubbermaid Sistema Bento Lunch To Go  9.96

This is a nice set of boxes that will enable you to take your lunch with you and have more than just a sandwich in a bag.  Most food budgets are blown eating out at lunch.