Ahhh, Toyo RA-1's....... let me tell you how I feel about Toyo....
well, no. No need to bring that subject back up!
Seriously, if you're just looking to get through school, and get a little experience under your belt, go with the 205 Toyo, shaved to about 4/32" depth. Since the're hard as cast iron they'll last forever, even shaved, and won't be as likely to blister. Your gearing with a stock FD and Toyos, however, is going to be the suckage. But you're just getting experience and aren't as interested in being competitive, so Toyos will be fine.
Once you're comfortable with the car and the environment, and are ready to be competitive, spring for that 4.93 FD, a good LSD, and some 215/50-13 Kumhos. IMHO the size of the Kumho is perfect for our cars with the Housemann FD - with the 225/45 Hoosier I ran out of gear on long straights, and I couldn't get the 225/50 Hoosier to fit w/o rubbing. The 215 Kumho is awesome, and at least in my experience I've been faster on the Kumho that I was on the Hoosier in back-to-back sessions. Plus the Kumho is cheaper than the Hoosier (same price as the Toyos) and Kumho offers a contingency $ program that will buy you new tires if you finish well (I won enough contingency $$ to buy a new set of 4 brand new tires at the last dbl regional weekend).
Whether you choose Kumho or Hoosier really is a matter of preference and is gonna depend on what type of tracks you race at. Either way invest in a set of good lightweight 13x6 wheels. 25mm offset is perfect with the Kumhos but is borderline legal with the Hoosiers - the tire stick out just a
little too far in the rear for me to feel comfortable that it would withstand a protest, even with a degree of negative camber in the rear. Maybe somewhere around 30mm offset in the rear if you're gonna run Hoosiers. On our cars, some guys run 225 Hoosiers in the front on 13x6 wheels and 185 Hoosiers in the rear on 13x5.5 wheels, and run softer rear springs and/or not as much rear sway bar. I like a firmer suspension and as much tire as possible, and the Kumhos are perfect.