How low do you want to go?
If your existing dampers (shocks) are in decent condition and you don't want to drop the car too far, lower springs will only cost a few hundred dollars (get decent ones though).
For more serious drops, you'd want to change dampers too, as going too low on a standard damper will cause you problems as you hit the bump stops. Alternatively, look at a set of coilovers - I know ECS are doing FK coilovers for the Mk4 for less than USD$600 before shipping (let me know if you want a quote on them with shipping).
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