I got my little a bunch of little things like the wood frames you can buy from JoAnn's for really cheap (I think its a 3-pack for $7), they're really easy to paint and you can be really creative with what you make. Since we get littles really quickly I just made picture frames using my sorority colors.
You can go on
www.etsy.com for ideas of little handmade things to do. They have a lot of great ideas that inspired me
Another thing my sorority does is blankets with the little's name and your letters on it and slippers that you decorate. It seems silly to do slippers but its really cute when you see everyone around the house wearing them when they're studying or before bed.
I got my little a tumbler from etsy that has Lilly patter on the inside with our letters on it, but you can do a monogram too and its really cheap (like uner $15 for the tumbler including shipping). I also had my sister-in-law make a koozie saying "Family (insert fam number)" and it turned out really cute and is SUPER useful since my little and I are both Diet Coke.
I'll try upload the frames I made when I get home from work. I'm sure I saved the pictures on my computer at home!