I'm guessing, based off your budget, that you are not looking to go coil over? When it comes to shocks, Koni is a great budget option. A step above that would be Bilstein. Maximum Motorsports sells them both, valved properly for SN95 application.
http://www.maximummotorsports.com/1994-1998-Cobra-C376.aspx
As far as springs go, you have a lot of options based off your budget and intended use. Here's a little list of springs I have bookmarked that [MENTION=10532]MadStang[/MENTION] put together a while back. Should help you choose.
Name | Front Rates | Rear Rates | Spring Type |Front Drop|Rear Drop|
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1999-2004 GT/V6 Springs | 450lb/in | 210lb/in | Linear | N/A | N/A |
1999-2004 GT/V6 Springs (convertible) | 400lb/in | 185lb/in | Linear | N/A | N/A |
2001 Bullitt Springs | 600lb/in | 250lb/in | Linear | 0.75in | 0.75in |
2003/2004 Mach 1 Springs | 600lb/in | 250lb/in | Linear | 0.75in | 0.75in |
1999/2001 Cobra Springs | 500lb/in | 475lb/in | Linear | N/A | N/A |
2003/2004 Cobra Springs | 600lb/in | 600lb/in | Linear | N/A | N/A |
2003/2004 Cobra Springs (Convertible) | 500lb/in | 470lb/in | Linear | N/A | N/A |
FRPP B Springs | 425-530lb/in | 200-300lb/in | Progressive | 1.50in | 0.75in |
FRPP C Springs | 650lb/in | 200-300lb/in | Progressive | 1.50in | 0.75in |
FRPP F Springs | 460-570lb/in | 170-310lb/in | Progressive | 1.50in | 1.50in |
FRPP G Springs (Convertible) | 500-570lb/in | 170-310lb/in | Progressive | 1.50in | 1.50in |
FRPP R Springs | 700-850lb/in | 200-260lb/in | Progressive | 1.00in | 1.00in |
Eibach Pro-Kit springs | 425-530lb/in | 200-300lb/in | Progressive | 1.50in | 1.50in |
Eibach Sportline Springs | 425-630lb/in | 140-295lb/in | Progressive | 2.00in | 2.00in |
H&R Sport Springs | 490-575lb/in | 205-250lb/in | Progressive | 1.60in | 1.50in |
H&R Super Sport Springs | 700-760lb/in | 275-300lb/in | Progressive | 1.75in | 1.60in |
H&R Race Springs | 750-850lb/in | 260-280lb/in | Progressive | 1.25in | 1.00in |
H&R Super Race Springs |950-1050lb/in | 260-300lb/in | Progressive | 1.25in | 1.25in |
Maximum Motorsports Street Perf. Springs| 650lb/in | 280lb/in | Linear | 1.50in | 1.50in |
Maximum Motorsports Road & Track Springs| 650lb/in | 280lb/in | Linear | 1.50in | 1.50in |
Steeda Sport Springs | 650lb/in | 200-250lb/in | Linear | 1.25in | 1.25in |
Steeda Competition Springs | 750-850lb/in | 250lb/in | Progressive | 1.25in | 1.25in |
Steeda Ultra-Lite Springs | 650lb/in | 200-250lb/in | Linear | 1.25in | 1.25in |
SVE Lowering Springs | 450lb/in | 250lb/in | Linear | 2.00in | 2.00in |
Tein.S Springs | 537lb/in | 269lb/in | Linear | 2.50in | 2.30in |
Tein.H Springs | 532lb/in | 230lb/in | Linear | 1.70in | 1.50in |