13 Special Graduation Party Favor Ideas
- Date: November 27, 2023
- Topic: Events
- Contributors: Written by Peerspace Staff

Source: Pexels / Pavel Danilyuk
Looking for special graduation party favor ideas to celebrate the hardwork of someone close to you? Whether you’re planning a graduation party for yourself or a soon-to-be graduate, don’t forget about party favors. They’ll extend the impact of your party potentially years into the future by reminding all your guests of the great time they had. All the better if it’s something that lasts and that they can use regularly, like a frisbee or a customized mug.
Also important is where you have the party. If you’re unsure where to throw your graduation party, Peerspace can help you find graduation party venues near you. With tens of thousands of listings based in hundreds of cities around the world—including the United States, the United Kingdom, Canada, Europe, and Australia—Peerspace is the most extensive online marketplace for renting all kinds of spaces by the hour. With the help of Peerspace and its intuitive yet detailed search tool, which allows you to filter your search results according to a variety of useful criteria, you’ll be able to find the local venues that would work best for your graduation party.
Once you’ve got the party’s location nailed down, you can start to plan out other important details, like the party favors you intend to give out. To help you do that, we’ve put together a list of 13 special graduation party favor ideas. So just keep reading for the details!
1. Ferrero Rocher graduation caps
Here’s a cute and easily executed graduation party favor idea: turning Ferrero Rocher candies into graduation caps with the addition of black cardstock and gold mini tassels. Your guests will be delighted to bring these home in their bags of party favors!
2. Customized graduation playing cards
Everyone needs a deck of playing cards, especially those approaching adulthood and soon to be leaving their childhood homes. Combine them with a commemoration of their big milestone by having a deck of cards personalized with a congratulatory message, and send every guest home with a deck of these cards.
3. Graduation cap display stands

Give your party guests a display stand like this one from Tassel Toppers so they can show off their graduation caps. They’ll especially appreciate this graduation party favor idea if they put lots of effort into decorating their graduation cap and are proud of the finished result!
Our eye-catching job fair ideas can help you and your fellow grads discover the career of your dreams!
4. Graduation cupcakes
Although a full-sized cake wouldn’t make sense as a graduation party favor idea (who’s going to want to worry about bringing home a slice of cake?), cupcakes are a more convenient version of the same thing. For your grad party, decorate them with candy graduation caps and diplomas to stay on theme.
5. Mentos wrapped in diplomas
This is a cute and thematically appropriate favor, and not the least bit challenging or expensive to execute. Wrap a tube-shaped package of candy like Mentos or Rolos in a piece of paper tied with a black ribbon so that upon first glance, it looks like a diploma.
6. Fake lightbulbs filled with candy
Using an assortment of brightly colored candies, like M&Ms or Skittles, fill lightbulb-shaped plastic containers emblazoned with “Here’s to a bright future!” (NOT real lightbulbs!!!) with candy. This favor is a fun visual pun that’s also simple and affordable to make.
7. Personalized frisbees
Graduation parties often take place at the end of the spring or the beginning of the summer. Therefore, giving your guests what they need to enjoy an engaging outdoor activity while also commemorating your graduation is an ideal combination.
8. Graduation cap water bottles
After you’ve served your guests fun drinks like mocktails or soda, sending them off with a bottle of water is a nice way to ensure they stay hydrated on the road. Decorating the water bottles with a graduation cap makes even this simple object another festive celebration of their achievement, so it’s worth the extra effort.
9. Custom congratulatory fortune cookies
Offer your guests a sweet treat with a small surprise inside. Fortune cookies containing congratulatory messages and positive, encouraging predictions about the recent graduates’ future prospects!
10. Graduation photo frames
Do your graduates have photos taken in their cap and gown? If so, then they’ll need a place to display their graduation pictures. What better way than with these adorable black graduation photo frames?
Is your grad party an excuse to get the whole family together? Then you also need to see our memorable family reunion party ideas!
11. Bath bombs
After working hard to make it through their final year of school and graduate, your party guests are probably excited to take some time for themselves. Giving each of them a bath bomb in their party favor bags is a great way to encourage them to pause and invest a little more energy into relaxation and self-care—they deserve it!
12. Customized bottles of bubbles
If your graduation party is outdoors, provide your party guests with graduation-themed bubble wands. You can add a graduation cap to the tops of the bottles, or simply label them with congratulatory messages/ Either way, it provides them with a fun and festive, yet totally safe outdoor activity.
13. Custom engraved fans

Custom engraved fans are another party favor that would work well and be a practical gift for any situation, but they would be especially useful for an outdoor party when the weather is warm. You can easily find custom engraved bamboo fans for a relatively affordable price, like these ones on Etsy. Your guests will have a functional memento that keeps them cool and comfortable, while also providing opportunities to reflect on their accomplishments every time they use it in the future!
Find unique graduation party venues on Peerspace
Get together somewhere better
Book thousands of unique spaces directly from local hosts.
Explore SpacesShare your space and start earning
Join thousands of hosts renting their space for meetings, events, and photo shoots.
List Your Space