If you need ideas for unique graduation party favors, here are some of our most popular items:
Personalized Glassware – One of the nice things about glassware is that it serves as a true keepsake. With the new grad’s name and a graphic on each glass, you can use these favors to decorate your tables. Fill the glasses with candy, like M&M’s in school colors. Place in a cello wrapper and tie with a colorful ribbon.
Earbuds – These will be a huge hit with guests. Elementary, High School and College grads alike will use these all of the time. You can never have too many earbuds. 
Magnet Pens – These pens are truly unique. A fun item to put on any metal surface, you can be sure that they will be used.
Key to Success Bottle Openers – These skeleton key shape openers are great for college graduation party favors. A white tassel for adds the graduation feel. Each is housed in a black box tied with a white organza ribbon around it.
Graduation Personalized Mint Tins – These small containers of candy mints or gum come with a custom message. There are many styles available and will be sure to offer a minty fresh reminder of your party.
Glass Mugs – While perfect for beverages, most guests use these sturdy mugs to store small objects. Personalized with the new grad’s name and date, it serves as a nice memory and a functional item.
Chocolate Graduation Favors – Wrapped candy bars are ordinary, while these chocolate caps are extraordinary. Made from Belgium chocolate, they taste delicious! You can also place them in vases, filled with coffee beans or clear glass beads, for use as a centerpiece.
The World is Yours Globe Favors – These are great for a travel theme party.
I created a Pintrest board about graduation favors, if you wish to make your own guest gifts. Edibles are very popular and inexpensive, especially if they are homemade. You can make cookies in the shape of a graduation cap or scroll using a simple sugar cookie recipe. If your family is known for making special sweets, give them as favors wrapped in a cello bag. Another treat that is very popular are Reeses Graduation Hats. Simply take a mini Reeses Peanut butter cup and top it with a square cardboard. Add a piece of pipe cleaner as the tassel and you are set. You can find an example of these on my Pinterest board.
Other fun edible favors include: S’mores Kits, rolled diploma candy, brownies, or any candy in your school colors.