If you study over the course of a week, you have a better chance of remembering the material than if you study for a couple hours the night before and cram.
A group of lines of poetry that is separated from other is called a stanza.
Those are pretty good settings! Don’t worry about it being too basic, the setting won’t matter a whole lot as long as your storyline is good. Another idea for the setting could be at a school, as well. Just decide what your storyline will be and you can decide the setting based on plot. Hope this helps and good luck!