There are several compilations references for ideas on experiments utilizing invertebrates (low cost, accessible). Here are some excellent examples for places to start:
1) Charles Drewes PhD (Iowa website) http://www.eeob.iastate.edu/faculty/DrewesC/htdocs/cddpubsweb.htm
2) Experimental neurobiology: a laboratory manual by Bruce Oakley and Rollie Schafer ; [ill. by Ken Cassady]. Published 1978 by University of Michigan Press
3) The Laboratory Cockroach - Experiments in Cockroach Anatomy, Physiology and Behavior Spiral-bound – December 31, 1981by W. J. Bell (Author)
4) Journal of Neuroscience Education, Advances in Physiology Edcuation, CBE Life Science Education, American Biology Teacher,
5) Robin L Cooper PhD (U Kentucky website)http://web.as.uky.edu/Biology/faculty/cooper/Bio450-AS300/Bio476-Spring2015.htm
6) Richard Olivo PhD (Smith College website) http://www.science.smith.edu/departments/neurosci/courses/bio330/labs.html
7) Bruce O'Gara PhD (Humboldt State website) http://users.humboldt.edu/bruceogara/Syllabi/Zoology%20310%20Lab%20Syllabus.pdf
What are the simplest electrophysiology experiments one can perform in the lab, for undergaduate students?. Available from: https://www.researchgate.net/post/What_are_the_simplest_electrophysiology_experiments_one_can_perform_in_the_lab_for_undergaduate_students [accessed Jun 12, 2015].