Graduation season is upon us! It’s that magical time of year when students don their caps and gowns, families come together, and everyone pretends to understand the importance of a diploma. But let’s get real – while the pomp and circumstance are nice, we’re all here for one thing: the graduation gifts. Specifically, cash. Because who doesn’t love cold, hard cash?
But wait! How much money should you give as a graduation gift? Whether it’s for high school, college, or some other sort of graduation (like the illustrious Pre-K graduation where toddlers get their first taste of academic success), figuring out the right amount can be tricky. Fear not, dear reader, for I have scoured the nation’s gift-giving traditions to bring you the ultimate guide. Grab your wallet and let’s dive in.
High School Graduation: The Launch Pad to Adulthood (Or, You Know, College)
Ah, high school graduation. That bittersweet moment when kids transition from the safe bubble of school life to the wild, terrifying world of adulthood. Or, more commonly, to another four years of schooling. Here are some guidelines for high school graduation gifts:
For Family Members
If you’re a parent, grandparent, or some other significant relative, the stakes are high. According to the latest data in 2024, the average amount given by family members is around $100-$300. This can be higher if you’re feeling particularly generous or if you really want them to remember you when they’re rich and famous.
For Friends
Close friends should aim for the $50-$100 range. This says, “Congrats, you did it!” without screaming, “I had to eat ramen for a month to afford this.”
For Neighbors and Acquaintances
If you’re a neighbor, family friend, or someone who received an invite because their mom felt sorry for you, $20.24 is the perfect amount. Why $20.24? Because it’s 2024, and you’re being festive and clever. Also, it’s an easy amount to fit into a card.
Friends of Your Kids
If your kid insists on you attending their friend’s graduation party, aim for $20-$50. This amount says, “I’m cool and supportive, but also saving for my kid’s future.”
College Graduation: The Big Leagues
College graduation is a whole different ball game. These graduates are often facing the real world, complete with job hunting, student loans, and an existential crisis about their chosen career path.
For Family Members
For close family, consider giving between $100-$500. Yes, it’s a wide range, but it depends on your financial situation and your relationship with the graduate. This amount helps with setting up their new adult life, whether it’s for their first apartment’s security deposit or their celebratory bar tab.
For Friends
Good friends should consider $50-$200. This range shows that you care about their future and want to support them, but also remember that you both just finished college and probably have similar financial struggles.
For Neighbors and Acquaintances
Stick with the trusty $20.24. It’s thoughtful, on-trend, and doesn’t break the bank.
Friends of Your Kids
If you’re attending because your kid is friends with the graduate, $50 is a good amount. It’s generous enough to make a positive impression without making your wallet cry.
Other Graduations: Because We Celebrate Everything Now
From preschool to trade school, we find reasons to celebrate every educational milestone these days. While the weight of these accomplishments might vary, the thoughtfulness of your gift shouldn’t.
Preschool and Kindergarten
Yes, these are adorable milestones. For these young graduates, something small and symbolic is perfect. If you must give money, a $20 bill will suffice. But honestly, a cute toy or book will do just as well.
Middle School
For middle school grads, the journey to high school is just beginning. A gift card worth $20-$30 is a great way to say, “Good job, keep going!” without going overboard.
Trade School or Certificate Programs
These grads are stepping into specialized fields and often have a more immediate entry into the workforce. Gifts here can range from $50-$100 for family and close friends, and $20.24 for acquaintances.
Factors to Consider
Relationship
Your relationship with the graduate is the biggest factor. Parents and grandparents typically give more because, well, they have to. Friends and extended family can give less without seeming cheap.
Financial Situation
Your own financial situation is crucial. Don’t go broke trying to impress. If you can only afford $20, that’s okay! It’s the thought that counts (though, let’s be honest, cash always helps).
Regional Norms
In some areas, the norm might be higher or lower. For example, in big cities, you might be expected to give more than in smaller towns. Adjust accordingly based on local customs.
What the Graduate Needs
If the graduate has specific needs (moving to a new city, setting up a new home, etc.), a larger gift might be more appropriate. Sometimes pooling resources with others to give a bigger, more meaningful gift can be a great idea.
Conclusion
In 2024, the golden rule of graduation gift-giving remains: give what you can afford and what feels appropriate for your relationship with the graduate. Whether it’s $20.24 or $500, the important thing is that your gift reflects your pride and support for their achievement.
So next time you find yourself stressing over the right amount to give, remember: it’s not about the amount, but the sentiment behind it. Plus, with a gift of $20.24, you’ll always be on the cutting edge of graduation gift trends. And who doesn’t want to be known for that?
Happy gifting, and congrats to all the graduates out there! 🎓💸
And don’t forget to check out our list of Dorm Room Essentials!
