I did some clipboards last school year as well, but I didn't modge podge it and my students wrote on it. So this year, I not only modge podged it but I also typed up some inspirational quotes to glue on top of the paper.
Here's a copy of the quotes I used if you would like to use it yourself.
I had a lot of scrap papers lying around. So I just cut the corners and punched a hole for the ribbon. As for the paint papers. I got it from my friendly local Walmart.