Valencia, a brand started in 1972, offers incredibly affordable, yet well made classical guitars from under $80, in all sizes from 1/4 to full size.
Redding offers both full size classical guitars and steel string guitars with a narrower neck, ideal for students who struggle with a wider traditional classical guitar neck. With classical guitar packs for $129 and steel string for just $159, there is no need to risk one of the poor quality ‘knock-offs’ floating around online, or in department stores and pawnbrokers. The Redding guitars sound and play like decent guitars, at a really affordable price.
For a more comfortable size in a steel string guitar, the Aria Fiesta offers 3/4 size for under $150. Great value and will suit younger students.