Nobody has built a rocket that will reach escape velocity for a couple of hundred bucks.
Even the most expensive hobby rockets have only reached thousands of feet and never close to reaching escape velocity speed
Rocket Record: The Largest, Heaviest Amateur Rocket Ever Launched
Even ASRI who have serious rocket science skills behind the project can't manage orbit yet.
AUSROC 3 | Australian Space Research Institute
So to sum up, no you're not going to launch a satellite in 2016.