Had a cap decorating day with my friends before graduation!
I bought rhinestones and scrapbooking supplies (mostly stickers, glittery cardboard letters/decorative flourishes). I made a pink bow pin and even took apart the original tassel to make my own using embroidery thread (the only part i needed from the original tassel was the gold crimp ring with the '10 charm on it), and added little crystal and bow charms.
A few of my other friends used things like fabric flowers, puff fabric paint, lace, etc. There's a lot of room to make it your own! Get inspired. ;)
Happy graduation! <3