The snap on meter I can get for $353.99
The Fluke 88v kit from amazon $478.35.
Fluke does offer 25% off for students but there retail prices are high.
That seems pretty reasonable. If anything goes wrong with it, your SO guy will deal with it...
Really, that is what you are paying for with SO. The weekly service.
I would use your student discount for the more consumable type tools (ratchets, Torx bit sockets, hex bit sockets, screwdrivers, specialty tools, pliers (supplement with Knipex), torque wrenches...).
The things that wear down over time. Those are the things to buy from SO.
I do not know if a multimeter has a lifetime warranty. If it does, it is the perfect thing to buy from SO. You literally will have a warehouse coming to your job every week or even more often.
I think that places you can save money are tools that are far less likely to break. I think that you could save money by buying industrial wrenches, extensions, sockets, hammers, nut drivers (if you use them)...