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Melt crayons in cool shapes: melt au bain marie in an old can, then pour into mould, let cool
You hot glue crayons around a half pint size canning jar. Tie on a ribbon and spray paint the lid black to represent a chalkboard. Glue on a school themed decoration for the top and fill with something sweet. (M's, Skittles, Hershey's Kisses, granola, jelly beans or whatever you like).
Crayon and coloring book travel case featured at the blog "seven thirty three." (Unsure why, but if you click to follow the link, up pops a Pinterest warning about the page being reported for spam. I didn't see anything spammy on the blog, just lots of cute craft and party ideas.)