Average Cash Gift Amounts for College Graduates: What to Expect
Discover the average cash gift range for college graduations, tailored to your budget and the graduate's needs.
50 views
The average cash gift for college graduation typically ranges from $50 to $150. Friends and family often give amounts on the lower end, while close relatives might opt for higher amounts. Consider the graduate's needs and your budget when deciding.
FAQs & Answers
- What is an appropriate cash gift for high school graduation? Generally, cash gifts for high school graduation range from $20 to $100, depending on your relationship with the graduate.
- What factors should I consider when giving a graduation gift? Consider the graduate's needs, your relationship, and your budget when selecting a gift amount.
- Are cash gifts preferred over physical gifts for graduation? Cash gifts are often preferred as they allow graduates to use the money for their specific needs, such as tuition or living expenses.