Graduation celebrations mark the completion of an academic program, such as high school or college. These events often include ceremonies where graduates wear caps and gowns and receive their diplomas. Family and friends typically gather to honor the graduates' achievements, and speeches may be given by school officials or valedictorians. After the formal ceremony, many graduates celebrate with parties or gatherings. These celebrations can include food, music, and decorations that reflect the graduate's school colors or achievements. Gifts, such as cards and money, are often given to graduates to congratulate them on their hard work and future endeavors.