The amount of money to give to college graduation will be influenced by many factors.
Graduation is a time when there are celebrations for the accomplishments of a loved one. It is also a time that many families face a difficult questions: what are we giving as a graduation gift?
Money in form of cash is always a popular option, but it can be tough to suggest how much money to be given to a college graduate.
In this post, we will state some guidelines for giving cash gift to a college graduate. We’ll also be providing some tips on making the gift special.
What amount of money should I give as a gift to College graduation?
When it comes to giving money as gift, the amount can vary greatly which depends on who is giving it. For close relationships, such as parents /or grandparents, $500-$1000 is not an unreasonable gift amount to be given out.
And, of course, if it happens that you are on a tight budget, a heartfelt card with positive wishes is always welcomed.
The most important thing is that the graduate knows you support their accomplishments and wish them the good in their future endeavors.
The question- Which things should I consider when thinking of graduation gift?
- Relationship For Graduate.
How do you relate with the graduate? If you are parents, grandparents, other family members, or even close friends, you may like to give a larger gift. A smaller gift may be more accurate if you are an acquaintance or distant relative.
- Ability To Pay
Can you afford to give a large gift without getting yourself into financial strain? If not, a smaller gift is perfectly appreciated.
- The Graduate’s Plans
Has the graduate already have a job, or do they plan to further their education?
If they don’t have plans for their future, they will appreciate a gift that aid them get started, for instance money for a security deposit on an apartment or books for graduate school.
- Graduate’s Accomplishments.
Did the graduate go above or beyond, getting a degree with honors or completing their degree in a very difficult field?
If so, you may give them something extra to show your appreciation for their hard work.
What other things should I consider apart from money? What are the other alternatives that can replace cash?
If you’re not sure about the amount to give a college graduate as a gift, there are some alternatives that might be more appropriate.
Instead of giving cash, you may give a gift card to a favorite restaurant or shop.
You can also give out a cheque or donate to the graduate’s chosen charity. If you know the graduate so well, you can also give a gift of their interests or hobbies.
Whatever you suggest, make sure the graduate will appreciate and find the gift useful.
Which of the items will be preferable to give as a graduation gift? A cash or check for graduation gift?
It is generally acceptable to give cash as a graduation gift. A check can be more personal if you are close to the graduate.
Where is it customary to give college graduation gifts in the world?
There is no collection of amount that is customary to give as college graduation gift. If you are close to the graduate, you can want to give a more substantial gift.
What amount of money best fits to give to my nephew as a college graduation gift?
For your nephew, you may like to consider giving a more personal gift. A gift card to his favorite restaurant or shop would be a better option.
What is well be accepted as a correct graduation gift when given to my daughter?
There is no definitive answer, but a good option would be to give her a gift card. You could also take into consideration giving her a piece of jewelry or something to help her in her future career.
What is the best appropriate college graduation gift grandparents can give?
From grandparents, an appropriate gift can be something sentimental, like family heirloom. You could also give a gift card to help with the costs of college.
What should I give my best friend for college graduation?
Your best friend may appreciate a heartfelt and personal gift. Something that reminds him or her of your friendship would be a better option. You could also give a gift card to their favorite store.
Is it acceptable or good to send a graduation card to someone without adding money to it?
Yes, it is perfectly considerable to send a graduation card without money. A card is a better way to show your congratulations and positive wishes for the future.
Final Thoughts.
It is a tradition to give gifts on important occasions, and college graduation is one.
But how much are you to give? That can be hard to decide.
After all, the point of giving out gifts is to show your care and support, not to bankrupt yourself. If you are finding it difficult to come up with an amount, consider how you relate to the graduate.
Ultimately, choosing a thoughtful gift is more necessary than worrying about the dollar amount. The graduate will appreciate your contributions no matter what.