Oh, these are so much fun. I went to Joann's the other day, and I was able to get everything I needed (except for the eyelets) for about $13. The kids and I had so much fun making them that night. Addison loved his Santa so much, he took it to share with his class today.
You can find the instructions here. Be sure to watch the fun video on how to make them. After that, just close out the video, and the templates will pop up.