sleekit, first of all, I'm not trying to make you hate me, I just wanna give you some advice from my limited experience.
In order to get real money for a design it needs to be unique, simple and strong. It must add value to your client's brand and not to just be an excuse when you bump into each other.
First you must have a portfolio and it needs to be a good one. If you don't have a portfolio, then any project you can get is a must. If you are really interested in web-design, get the project and forget about the money. You might argue that this is just a small thing, on the side. But you would be wrong. To make a joke: There are no small projects, just small web-designers

.
I went to your site, it's so-so (don't shoot the messenger, it's just my opinion), but besides the actual design there was one thing that bugged me:
Error establishing a database connection
...unprofessional.
Another thing that bugged me was the absence of any projects. So if you don't have any projects by now, just be happy that you got an opportunity, worry about the design part first, see what you can come up with, and if you and the client are very happy with it, set a price.
I would do it for free or for peanuts. Or a recommendation + a link on the footer of the site that links to your own website, so you can get even more clients.
This is just my advice, take it or don't take it, it's your choice. I don't claim to know you so don't hate me if I am wrong.