I’m sure you’re familiar with Hokusai’s “Great Wave” or have at least seen this image:
I’ll go ahead and say that this print is one of the more famous art pieces in the world. It’s part of a series of 36 views of Mt. Fuji.
If you’re looking for ideas for student projects, a good starting point is having them recreate public-domain works in their own ways using whatever materials they choose.
For example: let’s say they wanted to use old software to create a 1-bit version (black and white) of this image. It might look something like this: