• Cash is a popular graduation gift.gift of money image by palms from Fotolia.com
  
  

Giving Cash

• Nearly 60 percent of the cash gifts for college graduates are between $25 and $75. The typical cash gift is $50.
  
  

Giving a Gift Card as Cash

• About 30 percent of gifts to graduates come in the form of a gift card, which can be used for merchant and retail purchases the same as way as cash. According to the National Retail Federation, gift cards are not used as often as cash. Other gifts include greeting cards, electronics and clothing apparel.
  
  

Bottom Line

• Many students pool their resources to buy electronics, housewares and furniture. If a graduate has expressed a wish for any of these items, the average price of the item may give you a good gauge as to how much cash to give.