[astroAPhi]

Alli, if you're willing to spend a bit, buy them a nice frame for their diploma. I was able to get this at the university bookstore, and they are usually really nice and customized to the school and the diploma size.

KLPDaisy, I try to at least get people a card or something small but cute. See if you can get them some alumni gear (like a shirt or a nice mug). We had some funny shirts that our school made that said, "Florida Tech Alumni: Been There Done That" with a picture of a graduation cap on it. It's cheesy stuff but it is cute and will be appreciated.