I have a sort of nice portfolio thing that holds a legal pad and some pens and some post-its, and it's really nice for taking on interviews. I have seen them with university crests, and I think some sororities have them as well. I got one as a senior gift and used it at work for YEARS. The fake leather ones are not expensive; probably under $20. Something like this:
http://www.amazon.com/Pierre-Belvede.../dp/B004OGFLA0
Another would be business card cases, because you could do initials on those pretty cheaply, I think.
In short, anything they can likely use in the professional world is helpful.
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