Which protocol is the best for this project ?

I'm working on LPC2468 using Keil bundle package ( MDK / RL )
I want to design a windows form ( GUI application ) in Visual C++ to perform communication ( send and receive information ) between computer and microcontroller ( LPC2468 )
I'm suggested to use SNMP v3 for this project. However I need both SNMP v3 manager and agent source code which is about $20,000.
I figured out I can communicate with my board using Telnet also. However Im not sure if it's a standard way to do that. I'm just wondering if you have any suggestion what protocol might be good for this application.

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