Let's see... if you can buy second hand:
AKG D112 (100 2nd hand, 150 new)
4x SM-57 (200-250)
2x Behringer ECM8000 (2x 35 new, so cheap, buy them new)
(also the ECM8k's are omni, you won't be needing a hat mic)
Well, you've got some cash left for mic stands (20 each) and cables.
You could off...