How Much Money to Give for High School and College Graduation 2021

You will agree with me that graduation from high school and college is a momentous occasion. The occasion is often a big deal which makes many people wonder if a larger monetary is necessary. In fact, the National Retail Federation’s research pointed out that 52.8% of people plan to give money for high school and college graduation in 2021.

So, how much is appropriate to give for these two special occasions?

You can give between $20 to $100 to a high school graduate and $50 to $200 to a college graduate.

However, the amount might vary depending on several factors, which the article will highlight in detail.

How Much Money to Give for High School and College Graduation?

Today, we delve into the world of high school and college graduation. This article will profoundly discuss the amount of money you can give for a high school and college graduation. In the end, you’ll be able to know about the best graduation gift. Sit back, relax, and enjoy!

Is It Ok to Give Money for a High School Graduation?

It is very OK to give money for high school graduation.

Money is regarded as one of the best gifts, among others, to give a high school graduate. Moreover, it is a common gift for graduates. This is because graduates always have big plans for any gifts of money they receive, including saving it, investing it, and using it to pay down personal debts. 

Also, high school graduates prefer cash over gifts to help them get started in their new adult life.

Therefore, if you give high school graduate money, you’ll help those aims.

How Much Money Should You Give For High School Graduation?

You can give $50 to $100 or more for high school graduation.

However, there are two factors that you must consider before giving money for high school graduation; what you can afford and your relationship to the graduate.

Based on affordability, you can take into account your personal finances and how much you can afford. For instance, if you are dependent on a fixed income, you can give less. You can give an average of $20 to $75. On the other hand, if you have a disposable income, you might decide to give more, $50 to $100.

If you want to give money based on your relationship to the graduate, you might want to consider whether the graduate is a friend, sibling, son/daughter, or grandson/granddaughter.

The following is an average breakdown on how much you can give on a relationship basis;

  • Parents – $75 – $100 or more
  • Grandparents – $50 – $100 or more
  • Friends – $20 – 50 or more (based on your friendship level)
  • Siblings – $25 – $75 or more

Is It Ok to Give Money for a College Graduation?

It is perfectly fine to give money for high school graduation.

It depends on the relationship you have with the recipient, whether the college graduate is a close relative, own child, or a friend. Also, your decision can be influenced by your affordability.

If you cannot afford to give college graduation money, maybe because of financial constraints, you’re not obligated to give the graduate money. You can get other forms of gift besides money. Or even go out for an evening dinner.

However, it is still ok to give college graduation money because college graduates often prefer money as a graduation gift for several reasons.

Some graduates use the money to settle college loans, some invest the money, and others start their independent lives with whatever they’ve received as cash.

How Much Money Should You Give For College Graduation?

You can give an average of $50 to $200 or more for college graduation.

Unlike high school graduation, money for college graduation can be a bit high to demonstrate that they earned recognition for a job well done. But, the amount to give also depends on several factors.

For college graduation, you might want to factor in some key considerations such as the level of degree, your financial affordability, and your relationship to the graduate, among other factors.

For a 2 – 4 year degree graduate, you can give an average of $50 to $100. However, if the graduate is an advanced degree graduate, you can give $100 to $200 or more.

Additionally, some people might also want to consider the situation of the graduate. For instance, one might want to consider whether the graduate is graduating with honor at any of the different levels or not. For this case, the graduation money can be a bit higher than the average monetary gift. Let’s say $100 and above.

Based on your relationship to the graduate, you can consider the following amounts for different relationship levels;

  • Parent – $ 50 or more
  • Close relative like a grandparent, aunt, etc. – $25 to $75 or more
  • Close friend – $25
  • Coworker or acquaintance – $20 or more

How Much Money Should I Give My Son For High School Graduation?

You can give your son $25 to $100 or more.

While there are several guidelines on the amount of money you can give for high school graduation, the amount of money you can give to your son depends on your discretion. This is because your son is not only a high school graduate, but he is also your flesh and blood, the relationship factor.

However, there are times you might not be in a position to give a large amount of money, maybe because of financial constraints, or maybe the family depends on a fixed income.

For this case, you can give your son $20 to $35.

Some high school children have poor spending habits. If your son is among the people with poor spending habits, you can give him not more than $30 and consider getting him other types of gifts.

How Much Money to Give For a High School Graduation Gift?

Finding the perfect gift can be a challenge, particularly for high school grads. That’s why most people would prefer to give more for the gifts. However, the amount to give should be contingent on the price of the gift.

If the graduation gift is electronic such as a laptop, you’ll probably give more money. In this case, you can give from $100 to $450 or more.

On the other hand, if the graduate prefers gifts such as accessories, you can spend at least $25 to $100.

Generally, no matter the type of high school graduation gift, you should ensure you cut your coat according to your size; based on your affordability and relationship to the graduate.

  • Based on your relationship to the graduate, you can consider the following amounts for different relationship levels;
  • Parent – $50 to $100 or more
  • Close relative (grandparents) – $25 to $75 or more
  • Friend – $25
  • Siblings – $20 or more

The following is an average breakdown on how much you can give on your affordability basis;

  • Parents – $20 to $50 (fixed income), $50 to $100 or more (disposable income)
  • Grandparents – $15 to $25 (fixed income), $25 to $50 or more (disposable income)
  • Friends – $20 (fixed income), $20 to $75 or more (disposable income)
  • Siblings – $15 to $20 (fixed income), $25 to $50 or more (disposable income)

How Much Money Should I Give My Son For College Graduation?

On average, you can give your son $100 to $200 or more for his high school graduation.

The father-son or mother-son relationship is more profound compared to other people’s graduation invites. This is why most people will roll hundreds of dollars and give their son for his college graduation.

How close are you to your son? If the answer is very close, then, in this case, perhaps $100 or more is in order.

Sometimes, your son can come to ask you for money for his friend’s college graduation. In this case, you can give him $30 to $50.

However, there could be an exception to the amount of money to give to your son for college graduation. For example, if your son is going directly to employment, you can give them less amount of money, such as $75 or $100 at most, and then channel the remaining amount into getting him more kitchen gifts.

If your son is not going into employment straight from college, you can give him a relatively high amount of money to start him off away from college life. In this case, you can give him $100 to $200 or more.

Also, you can find out whether your son owes some personal college debts. If he has some debts to settle, you can increase the money above the average amount to give. College students can really enter into unnecessary debts.   

How Much Money to Give For a College Graduation Gift?

You can give an average of $100 to $200 or more for a college graduation gift.

Unlike money for high school graduation gifts, college graduation gifts can be high. This is true for some reasons. First, the college graduate is leaving college life and embracing an independent life, and second, the graduate might want to get a gift that is a bit expensive to remember that special day.

Therefore, if you are considering giving money for a college graduation gift, you can factor in the after-college life. This graduate might use some gifts to start his life. Remember, not all college graduates get into employment immediately after graduation.

However, this will also depend on your affordability and relationship with the graduate.

Based on your relationship to the graduate, you can consider the following amounts for different relationship levels;

  • Parent – $75 to $200 or more
  • Close relative like a grandparent, aunt, etc. – $50 to $100 or more
  • Close friend – $50
  • Coworker or acquaintance – $75 or more

Based on your financial affordability;

  • Parents – $100 to $200 (fixed income), $50 to $100 or more (disposable income)
  • Grandparents – $15 to $20 (fixed income), $25 to $30 or more (disposable income)
  • Friends – $20 (fixed income), $25 to $75 or more (disposable income)
  • Siblings – $15 to $20 (fixed income), $25 to $50 or more (disposable income)

But, if the graduate is your son or daughter, or a person you’re living with, you can continue to live with him or her even after graduation to minimize unnecessary costs.

Best Graduation Gifts

There are many graduation gifts that you can give any graduate, whether he or she is in high school or college. You can choose from either a piece of jewelry, a beautiful watch, a painting, books, shares, or design objects.

How much money to give for High scool graduation
How much money to give for High scool graduation

  

Some people will also prefer flowers, champagne, or a teddy bear that you hang around the graduation’s neck, or something for the future home (mostly for college graduates).

Below are perfect graduation gifts as per category;

Jewelry

A piece of jewelry is always important. This is because a piece of jewelry is something that you can always remember this special day with, anytime you put it on. Examples of perfect graduation jewelry include Ring Rosenkvarts, silver bracelets, and Diamond earrings in gold.

Money and Stock

You can also give money and stock as a graduation gift. If you are considering giving an appropriate cash amount as a gift, then be creative with it.

Here are some creative ways to give away money some of the things you can do with your money gift;

  • Make paper money flowers out of the cash
  • Make a money tree gift
  • You can also give away a calendar with money taped to each month
  • Give high school graduate a piggy bank with twenty-dollar bills stuffed inside

Design pieces

Please don’t just stick to the money and a piece of jewelry as a graduation gift; getting designer items for a graduation gift is a perfect idea. You can go for Champagne glasses from Orrefors, Carat candlesticks, and a simple vase from Ernst’s design.

Engraved graduation Gifts

There are lovely graduation gifts that can be engraved, such as luxurious pens with engraving, cardholders with engraving, clock stackers, or a box of barbecue tools that is engraved.

Electronics

A nice electronic piece such as the latest phone model and a laptop can also go well as a graduation gift. Most high school graduates might need a laptop as they join their college level.

You can also get something for the home

You can consider a regular cookbook with different types of recipes, Ittala Essence Water Glass, beer glasses, tableware for your own home, cutlery, and coffee mugs.

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