An appropriate range for money as a graduation gift is between $15 and $100, recommends cleveland.com. As a general rule, the amount of money given as a graduation gift tends to be higher the closer the giver is to the recipient.
An appropriate range for acquaintances and friends of the family is $20 to $50. For close friends and relatives, $50 to $100 is appropriate. The giver may want to give more if the graduate has accomplished something special, such as being named valedictorian. Monetary gift values are usually higher for college graduates than high school graduates.
The giver should consider his financial situation when giving money to a graduate. If he doesn't have much money to give, a smaller amount is fine.