Keep it to 1 page.
Keep the page feeling mostly full, students tend to have thin resumes, pad it with true things. Have a lot going on: organizations, design collectives, exhibitions, awards & scholarships, & work history. Focus on the typography and layout.
B&W is preferable, comes across as serious and doesn’t get fucked up by shitty B&W printers.
Print it on the nicest paper you can buy, appropriate weight and color, but it should feel nice. Have a plaintext version for online applications. Save it as a PDF, no other formats are acceptable.
BONUS: Have an html/css online version that’s responsive hosted at your domain.