What is the Ideal Amount for a College Graduation Gift?
Learn how much to spend on a graduation gift based on your relationship with the graduate and your budget.
200 views
Monetary gifts typically range from $50 to $200. Close family members might give between $100 and $200, while friends and distant relatives might give $50 to $100. Consider your relationship with the graduate and your own financial situation. Gifts that are personal or offer useful value to the next stage of their life are always appreciated.
FAQs & Answers
- What is a good budget for a graduation gift? A good budget typically ranges from $50 to $200, depending on your relationship to the graduate.
- Are cash gifts appropriate for graduations? Yes, cash gifts are appreciated and can be tailored to the recipient's needs for the next stage of their life.
- What are some non-monetary graduation gift ideas? Consider personalized items, useful tools for their next steps, or experiences like a dinner or trip.
- Should I consider my own budget when giving a graduation gift? Absolutely. It's important to give within your financial means while still making the gift meaningful.