Cash gifts are a great way to help someone transition into the next phase of their lives. It can be difficult to decide how much Money to give for a Graduation present and what factors to take into consideration when writing a check (or sending a Venmo).

Money is a popular gift for all graduates, whether they are in middle school, high school, or college. You can give them money for anything, from travel to books. The amount you give will depend on the student’s age and the relationship between you. Don’t stress, though. You’ll be fine if you follow a few simple tips.

Check out these helpful guidelines for monetary graduation gifts

You should first consider what you can afford, and then the relationship you have with the graduate. You may give more if you are very close to the graduate. You may choose not to give as much if the child is not a close friend or coworker.

As with most gift-giving rules, etiquette doesn’t dictate a specific amount for a graduation present. Some guidelines can help you decide.

What is the average amount to give for middle school gifts?

A middle-school graduation doesn’t get the same attention as a college or high-school graduation. Middle school graduation is a milestone that’s worth celebrating for anyone who’s made it.

Students are now sending out announcements to let their friends and families know they’re moving on to the next stage of their education. It is only natural that parents and grandparents would want to recognize the achievement by giving a gift.

• GreatSchools.org suggests that middle school graduates receive movie passes, gift certificates, spa vouchers or spirit wear instead of cash.
• You can give cash between $10 and $30.

What is the average amount of money you give a high school graduate?

Graduating high school is an important event. People tend to give more money for this kind of graduation to show the teens how important this event is. The National Retail Federation reported that 33% of people planned to give money or a graduation gift.

Fast Fact

According to the National Retail Federation, the average amount spent by people on a gift for a graduate in 2022 will be about $115.

The amount depends on the age group, but typically parents spend more. The average amount spent on a high school graduation gift ranges between $30 and 200 dollars. You can vary the amount depending on who you are, but here are some guidelines to consider:

• Siblings and friends If you are giving a gift for graduation to a friend or sibling, there is no standard amount. Depending on your relationship, a gift between $30 and $75 is appropriate.
• Children from acquaintances or coworkers — It is a nice gesture to buy a gift for the child of a neighbour, coworker or acquaintance. Spend what you feel is right. If the graduate doesn’t know you personally, a gift between $30 and $50 will be appropriate.
• Nieces, There is no standard amount to give a niece or nephew for their high school graduation. However, it’s usually more than what you’d give a close friend. A gift between $100 and $200 is ideal.
• Children — A typical gift for graduation can be anywhere from $100 up to many thousands of dollars. Parents may be less generous if they are paying for college or other expenses.
• Grandchildren — A gift for college graduation from grandparents could range anywhere from $50 up to $200, depending on the relationship between the student and their grandparents as well as the financial status of the entire family.

What is the average amount of money you give for a college graduation gift?

Many people are curious if they should give a bigger gift to celebrate graduation. Cash gifts can be given to help students pay off their loans and start a career. According to Bright Hub, most people gift between $100 and $500 for a college graduation. However, this depends on the relationship.

These are the guidelines that you should follow for a degree of two to four years:

• Children — A parent can give anywhere from $50 up to $500, depending on the amount of financial support they have provided throughout their college years.
• Close relatives such as grandchildren, nieces and nephews, or siblings — If you are a close relative of the graduate’s family, give between $50 and $200.
• Close friend If you have a close friend who is graduating from college, $50 to $100 is a great gift.
• Co-worker — Spend less on someone you do not know as well. The range should be between $30 and $75.

Quick Tip

You can increase the amount you donate for advanced degrees, such as a Master’s degree or PhD by up to $100 per degree.

Tips on How to Give a Graduation Money Gift

These are just guidelines. The actual gifting is up to you. Do not worry about whether your gift is within the range of average gifts. It’s more important to consider what you like.

Donate What You Can.

You should consider your finances when deciding how much money to give. You might choose to give less if you have a fixed income. If you have more money to spare, you may choose to give a larger amount.

Consider Special Circumstances

It is also important to consider the situation of the person who graduated. The person graduated with honours in any of the levels? You might reward this with a gift that is higher than the average.

Take into consideration the graduate’s financial situation

In the last 20 years, tuition has increased by 134% on average. Many graduates have to pay higher tuition fees, plus inflation and other factors. Consider the graduate’s circumstances when deciding how much you should give. Are they going to have student loan debt? What will their family contribution be? Are they under any other financial strains? Your gift should be based on the level of need.

When to Give Cash Gifts

You want to make sure you are giving the right monetary gift. Don’t give a cash gift to a graduate in cap and gown. If you’re not creative, it is best to put the money in with a customized message. It’s also not a good idea to give something at the actual ceremony. The graduate may lose the gift in the shuffle. If they have an Open House, wait to give them the card or mail it. Wait until you have a chance to talk with them privately before giving them a card.

Giving Cash Gifts in Creative Ways

Try these ideas to display a cash gift.

• Create paper money flowers from the cash.
• Make a lei from one-dollar bills.
• Blow up balloons containing money.
• Make a Money Tree Gift.
• Give away a monthly calendar with money attached to it.
• Give away a piggybank with twenty dollar bills inside.
• Put cash in a photo book filled with graduation pictures.
• Roll dollar bills, arrange them in layers and secure them with ribbon.
• Money can be tucked into school supplies such as pencil holders or notebooks.

Cash Gifts for Graduation

Money as graduation gifts is a great idea that has a lot of creative potential. Make your cash gift memorable by doing something creative. No matter how much money you give, the graduate will appreciate it.

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