What Is the Average Amount of Money for a Graduation Gift?

For most graduates, any amount of money is appreciated.

According to a survey conducted by Hallmark consumer research, 95 percent of people believe money to be the most appropriate graduation gift. When deciding how much to give, many people question what amount is appropriate.

Casual Acquaintances

For casual acquaintances or distance relatives, monetary gifts of $25 or less are appropriate. In fact, 88 percent of those surveyed by Hallmark believed this amount to be the most fitting for casual relationships.

Close Friends and Relatives

Close relationships generally warrant higher amounts for monetary gifts. Gifts of $50 to $100 are appropriate. Advanced degrees, however, should (typically) garner higher gift amounts.

Bottom Line

Ultimately, when deciding how much to give as a graduation gift, you should give what feels right for the situation. Consider your financial ability to give, as well as your relationship with the graduate.

References

• Target Woman: College Graduation Gift
• Samara Realty: Average Graduation Gift Amount