What about having them create books for the 1st graders? You could use the lined large paper that has the drawing space at the top. They could write the story or you could write the lined part, pape by page from a book. Have a different student illustrate each page. (These are big!). Then laminated them, make covers and send down to the 1st grade teachers to read to their classes. I knew a teacher who used to make these and they were wonderful.
Teresa in El Paso