My teaching will be focused on using regular pencils for all drawing. I will allow other media as well for coloring the drawings.
Students will need several pencils, a couple of erasers, and at least 8 sheets of paper. A child safe pencil sharpener would be great.
Extra supplies which are helpful: a ruler, pencil sharpener. extra pencils and extra erasers.
There are pencil sets of artist pencils which include 4H, 3H, 2H, 1H, HB, (or a common #2 pencil) 1B, 2B, 3B, 4B, which gives the student more control over their tonal values (light to very dark) when they draw. These sets always make a difference even if there are only one or two of these artist pencils available.
Other art supplies for coloring are great like color pencils and crayons.
Paint is fine for use in the class, but parents should put down extra protective material like card board or a drop cloth to protect floors, carpet, and furniture. Older clothes being worn by the children might be best too.

No parental guidance is needed, but some parents use their house hold printer to make a couple of different copies of each of the drawings from the class. This allows the children to hand color each of the pictures little differently. I hope the parents will take the time to look at each of the drawings we do. This feedback is important for creative people.