If you are going to forgo the hood, I build a nice PAR-38 set up for my 14 gallon biocube for about $70. But I am a newbie and don't know if my advice would be as sound as some others on this forum.
If you want I could let you know how I built mine using PVC, extension cords, and water resistant sockets from home depot. Of course you can't dim it, but I run a full blue bulb and a 50/50 blue white bulb. My corals are really happy and the tank looks really good. I have some pictures on my profile but had some issues uploading all of the pictures I have. I could always get and send more too.