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Reef Men's Fanning Sandal
Available in a range of colors from black to green, these sandals don't look like anything special -- except they have the one tool 99 percent of students need at some point -- a bottle opener.
Hidden within the sole, while your student is running around in sandals or has taken a quick backpacking jaunt, they will never be far away from this crucial item.
Price: $29.99 - $99.95
USB bottle opener combo
A Swiss Army Knife of useful tools, this 8GB USB flash drive provides a backup for coursework -- as well as a way to open your beer once the essay is finished.
Via: Think Geek
HDMI to DVI Cable
As simple as it seems, a HDMI to DVI cable is a cheap but useful gift to give a student, allowing them to hook up devices including laptops and TVs to watch movies with their dormmates.
Price: $1 - $10