What Grads Really Need This Year: Money

Print this page

Send your grad the gift of money with Zelle®. Whether they’re preparing for college, pursuing more school, or starting their career, money is what high school and college grads really want and need. Zelle® is a fast, safe and easy way to send money to your grad, wherever they bank in the U.S. All you need is their U.S. mobile number or email address. Make gifting simple by sending your grad money with Zelle® right from the ActorsFCU app. 

Total gift spending for the 2021 spring graduation season was estimated to be $5.9 billion, with consumers spending an average of $119 on gifts for their graduates, according to a recent consumer trends survey by the National Retail Federation (NRF).1 This next grad season is going to be just as big— if not bigger!

Whether a grad is preparing for college, pursuing more school, or starting their career, money is always a great gift to give. In fact, the NRF reports cash will be the most popular gift for high school and college graduates, with more than half of those surveyed saying they plan to gift money.

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 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 ActorsFCU mobile app, so you won’t even need to download anything to start sending money. And your grad doesn’t have to bank at the same place as you 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 bank2.Plus, there are no fees2 to use Zelle®. Note: Early Warning Services, LLC (Zelle®) does not dictate fees for any financial institutions on any transactions. Check with your product and legal teams before using "free" or “no fees”.

© 2022 Early Warning Services, LLC. All rights reserved. Zelle® and the Zelle® marks are property of Early Warning Services, LLC.
Although it can be tempting to get creative with your gift-giving, graduates will undoubtedly appreciate the gift of money as they’re preparing to embark on a new chapter of their lives. And with Zelle®, the money will go directly in your grad’s bank account and be available for them to spend within minutes2. Learn more about how Zelle® works. Learn More

1Source: NRF’s Annual Graduation Spending Survey, conducted by Prosper Insights & Analytics. 05.03.21
2U.S. checking or savings account required to use Zelle®. Transactions between enrolled consumers typically occur in minutes and generally do not incur transaction fees.
Zelle® and the Zelle® marks are property of Early Warning Services, LLC and are used herein under license.
Back to top