If you plan to use it for RWYB, you'll have aq lot of choices but it will also depend on the bracket that you're aiming at (A, B, C or D).

Kung '95-'97 car for RWYB, i'd suggest you just do the basic bolt-ons (I/H/E) for the engine then you work on your suspension and brake set-up.

Obviously, the Civic will have the most choices available for parts, followed by the Corolla and Lancer. YOu can find the '95-'97 Sentra 1.6L in the 200K to 240K price range but you'll be doing more searching and researching for the available speed and handling parts... but it'll be worth it on the track ;)

In addition, i think you'll be able to squeeze more out your budget if you aim to compete competitively in a RWYB bracket then achieving a 14sec ET in drag. In drag you'll really be working a lot on the engine but in RWYB, even a slightly modded engine and a good suspension and tire set-up , added to some racing lessons and practice, will already be good enough to make you competitive (heck you could even compete your car in stock form).

My two cents...