If you feel the need to give your grad a tangible gift, something other than cash or a check, there are plenty of choices.
Build-A-Bear Workshop® has a line of bears and other stuffed animals that you can dress in black or white graduation robes. The outfits even come with a choice of tassel color.
They have graduation bears, bears dressed in college t-shirts and jeans, college football bears, and college mascots.
Build-A-Bear Workshop® also sells a Graduation Autograph Hound and an Autograph Bear at very reasonable prices. These are fun gifts to give to any grad. Include a gift card if you want.