This paper is to be used for all DRY mediums, ie: markers, chalk pastels, oil pastels, colored pencils, graphite and charcoal.
Even though this says "mixed media paper", Fibo recommends getting a separate pad of watercolor paper specifically for watercolors and a pad of Acrylic Paint Paper specifically for Acrylic paints.
Paper makes a BIG difference and is one of the main factors in preventing frustration in kids doing art! It's worth every penny to get the right thing.