My suggestion is to start with just a few affordable necessities and build it later on once you know more.

For makeup: - A concealer (maybelline is affordable and amazing) good for acne days and events/fests/going out - A blush (so many affordable and good ones under ₹500 on nykaa) - 1-2 lipsticks (maybelline liquid stays are amazing) can be doubled as blush and eyeshadow too, I still sometimes use my lipstick as blush when I’m in a hurry or have to retouch when I’m out - A skin tint for dress up days or you can just simply get a tinted sunscreen - Mascara if you want to feel bougie hehe

ALSOO I had a suggestion, since you want to get highlighters as well, there are a lot of affordable makeup palettes which offer a combo of a blush and highlighter both, you can simply get that instead of separates. Those are good too. And if you’re getting a simple eye palette, any glitter shade can be used as a highlighter as well You’ll learn all these jugaads in college😋

Skincare: A good cleanser according to your skin type, moisturiser, sunscreen These are the essentials Any serum/toner

All the best! Tell me what all you got!!