Money 101 A Graduate's Best Gift

How money can help the grad you know be prepared for what's next

Whether a grad is preparing for college, pursuing more school, or starting their career, money is always a great gift to give. Total gift spending for high school and college graduates was estimated to be $5.8 billion in 2022, with cash continuing to be the top gift.* This next grad season will be just as big— if not bigger!

If you find yourself on your way to your nephew’s graduation party and suddenly realize you forgot to get him a card, you don’t have to rush to find the nearest drugstore and spend time scouring the card aisle for a generic “Congrats, Graduate!” card. And you won’t have to open up your maps app and search for the closest ATM.

Luckily, you can quickly and easily send money to your special grad with Zelle® - along with a personalized, congratulatory note.

How to Send a Grad Money with Zelle®

You already have access to Zelle® in the Bank Peoples mobile app, so you won’t need to download anything to send money. And your grad doesn’t have to bank at Peoples State Bank to receive your gift. With just an email address or U.S. mobile phone number, you can send money to them regardless of where they bank. Plus, there are no fees2 to use Zelle® in the Bank Peoples app.

Although getting creative with your gift-giving can be tempting, graduates will undoubtedly appreciate the gift of money as they prepare to embark on a new chapter of their lives. And with Zelle®, the money will go directly into your grad’s bank account and be available for them to spend within minutes.**

Learn more about how Zelle® works.

*Source: NRF’s Annual Graduation Spending Survey, conducted by Prosper Insights & Analytics, 2022.

**U.S. checking or savings account is required to use Zelle®. Transactions between enrolled consumers typically occur in minutes. [Insert optional custom fee disclaimer text if including the “no fees” statement. Consult with your Legal team to determine if additional disclaimer text is needed.]

Zelle® and the Zelle® marks are the property of Early Warning Services, LLC, and are used herein under license.