10k you could get some decent tools and machines to learn on, it doesn't have to be high end Jet, or Grizzly and such. Good stuff like dewalt or craftsman to learn on would be good enough I would think.
List would be a good workbenches, could get some old cabinets then solid doors to use for the tops, need basics, sanders, routers, wood chisels, hand tools, vises, clamps, drill bits and kits counter sink bits, bisket joiner. For machines table saw, band saw, jointer different from bisket joiner, planer, list goes on, this stuff does not have to be high end costly tools to learn on the basic of wood working. I took wood shop in middle school and the junk they had was unreal but we learned the basics on of woodworking and the how to use a tool and machine safely is what should matter. Most of that stuff you might find it used and spend less than 10k they alloted and use the rest to buy wood and materils like glue screws nails, and hand tools hammers and such.