Shutterfly suggests a gift of 15 to 30 for a sibling. National retail federation nrf conducted a 2016 survey stating that the average person plans to spend 106 45 on a graduation gifts.
According to a graduation survey conducted in 2012 one third of the 9 000 people surveyed said they expected to spend about 100 on a graduation gift that year.
How much to give for college graduation money. Always give within your means. Make college count says 20 to 50 is an appropriate amount to give to graduating relatives and 15 to 50 is the right amount of cash to give to graduating friends. Gift giving no.
Consider an appropriate graduation gift based on your relationship with the grad what achievement they reached and most importantly your budget. The global association for marketing at retail reports that graduation gifts will tally 4 7 billion for 2012. When it comes to college graduation many people are spending anywhere between 100 and 500.
Acquaintance 10 25 friends 25 50 close friends and family 75 100 if kids peers are invited to parties without their families it may not be necessary to bring any gift or a 10 gift would be acceptable. Close family members or friends usually give more money than distant relatives. When deciding on a graduation gift consider how close you are with the recipient.
No graduate would turn down cash because it can help them start their lives as adults and even have some fun. If you re just a. It s always good to let parents know ahead of time you re going to send a grandma check and how much.
Us news and world report suggests that gift from relatives range from 20 to 50. For siblings distant relatives and friends spending between 15 to 25 is totally appropriate. Grandparents aunts and uncles should consider giving between 20 and.
So if you have genuinely connected with the graduate express your genuine pride. Graduating from a college is a big deal which makes many people wonder if a larger monetary gift is required. Typically for a 2 to 4 year degree anywhere from 50 100 is appropriate for a parent advanced degrees go up by about 100 for each degree.
How much this depends on how familiar you are with the graduate. This chart is a practical way to approach the decision on how much to give for a graduation gift. Hallmark consumer research conducted a survey and found that 67 percent responded that close relatives should give at least 50 and 88 percent believed that 25 for distant relatives was acceptable.
If you re not sure send a thoughtful card. Hurting yourself financially in the name of the grandma check is not a good idea smith says. There s no hard and fast rule for how much to give but considering a few different factors can help you decide on an amount.
Bright hub states that many people give between 100 and 500 as a college graduation gift.