Insurance money and a new paint job idea. 2 ideas actually

I got about 1,100$ in insurance money from an accident and was thinking of a new paint job. I live in massachusetts and know of a few schools that do the work for free and u pay for parts thats it. So my question is I want a really dark black on my mustang seeing as it is alrdy back just super duper faded since its an 00'. Any ideas on black colors and websites? I also had another option i came up with. 1 is the use of krylon spray paint ^_^. Anyways Flat back the whole back and add a subtle semi semi gloss to give it a tad bit shine. And to go with the flat black was to have super high gloss white racing stripes down the middle. Basically the flat back just makes the white stand out more. Now should I do the flat black idea and doit my self then have the stripes painted or go with the high gloss dark black? I would like opinions on which option i should go with as I will be driving this car for the next couple of years And defintly cant do another paint job. Or if the flat black idea seems good could I pull it off my self or just have it done by the school for free anyways? Also if i do my flat black idea should I use krylon or does ne1 have a good brand and what else would I need for the flat black idea besides flat black? Any protectant sealers or semi gloss brands to use. thx for all your input and opnion on which choice to go with. Please no mercy! tell me which 1 and if you know anything which i Should do and where to buy the paint for the school? thx guyz