How Much Money Should You Give as a College Graduation Gift?

Discover the ideal amount to give for a college graduation gift based on relationship and budget.

Published

Video transcript

The amount of money to give for a college graduation gift can vary widely. Generally, $50 to $100 is a common range for friends or extended family. Close family members might give between $100 to $500 or more, depending on their relationship and financial situation. The key is to offer an amount that feels right to you and is within your budget.

Questions and answers

  1. What is the average graduation gift amount?

    The average graduation gift amount typically ranges from $50 to $100 for friends, while close family may give $100 to $500 or more.

  2. How do I decide how much money to give for a graduation gift?

    Consider your relationship with the graduate, your budget, and what's customary for your social circle.

  3. Are there non-monetary graduation gifts I should consider?

    Yes! Personalized items, experiences, or contributions towards college debt can be meaningful alternatives.