by How Much Should You Gift a Graduate? Here’s What People Are Really Giving in Wyoming and Beyond
Emily Perales was just moments away from walking across the stage at the University of Minnesota to accept her college diploma—a major life milestone that often prompts family and friends to give a meaningful (and sometimes generous) gift.
“As a college graduate, money’s always great,” Perales said with a laugh, referring to the kinds of gifts she hoped to receive.
But that leads to the question: how much is the right amount to gift a graduate?
“It depends on how much you like them,” joked Mary Bahneman. “Maybe $75 to $100.”
“I think anywhere between $50 to $100 is a good gift,” added Thomas Foster.
What Do the Stats Say?
According to a recent survey by the National Retail Federation (NRF), Americans spend an average of $116 on graduation gifts—up nearly $20 from a decade ago. More than half of people (53%) give cash, while about a third (34%) opt for gift cards.
What Affects How Much You Should Give?
A few key factors influence how much someone gives, including:
- Your relationship to the graduate: Is it your child, niece, grandchild, or just a friend?
- Your financial situation: Only give what you can comfortably afford.
- Local customs or family traditions
- Type of graduation: A college degree may call for a more generous gift than a high school diploma.
“I think if they’re related to you, you’re more likely to give more,” Bahneman said.
“Grandparents definitely give the most,” said University of Minnesota student Julia Lora.
High School vs. College: What’s the Norm?
- High school grads: Gifts typically range from $30 to $200. Parents and grandparents often give on the higher end, while friends or acquaintances usually stay under $50.
- College grads: Gifts tend to be more generous, especially from close family. According to Western Union, parents and grandparents usually give $100 to $500, while relatives give between $50 and $250.
“I had a great-nephew graduate last year and we gave him $50,” Bahneman shared.
Some grads, like Megan Perales, have seen even larger gifts: “From grandparents, honestly, I’ve seen gifts in the thousands.”
Beyond Money: Thoughtful Gift Ideas
While cash and gift cards are popular, other gifts also stand out.
Many people mentioned experiences, like concert tickets, or sentimental items like jewelry. Emily Perales said she’d prefer something practical: “Since I’m heading into adulthood, something for my job or my apartment would be great.”
The NRF survey also found clothing and electronics to be among the top non-cash gifts.
