In my family, I got lovely H.S. graduation gifts from much of my family.
And the cards said something about how I was now a young adult and part of the "adult" exchange--no more individual gifts.
(please bear in mind, last time I counted, I ran out of fingers and toes when I was trying to count my "aunts and uncles"...they are generous and lovely, but the family is huge, which does get cost prohbitive at some point!
I still get gifts from immediate family [my parents, siblings, and the grandparents I"m close to], this just applied to aunts, uncles, cousins, crazy grandparents, etec)