My facebook is loaded with tons of pictures about commencement exercises and moving up posts. Almost all of the students or batch 2016-2017 has ended their term and their parents are more than proud to tell and show that their kids passed and successfully completed a course of their kids' education. Nothing beats the happiness any parent can feel than to see their children go up the stage to get their diploma.
The hard work they put into waking up early to go to their class, doing their homework, reviewing for their exams or recitation and just keeping up listening to their teachers' teachings are reasons to celebrate. Every student who passed should celebrate and give themselves a pat on their shoulder for a job well done.
Giving gifts to the graduates is something we need to consider, as it can be their reward. Ask your child what they want as much as possible if they want money, gift or whatever so they can truly appreciate what they receive. You can get them musiciansfriend.com dean guitars if they are keen on music, you can give them budget to spend time with friends like eat out, or buy a new gadget that they always dream.