• Graduation caps represent an important milestone.graduation image by timur1970 from Fotolia.com
  
  Celebrate your high school or college graduation in style with some homemade graduation party crafts. Making your own decorations keeps costs for the party down, shows your graduate how much you care and impresses your guests with that personal touch. Decorating for a graduation theme is easy to do with inexpensive materials.
  
  

Invitations

• Make diploma invitations by writing or printing the invitation in a calligraphy script on white paper. Roll it up and secure it with a gold seal, or tie it with a gold ribbon.
  
  

Time Capsule

• Decorate a box with school colors. Have guests bring a trinket that has something to do with the graduate's school years and place it inside the box. After the party, seal the box of memories and store it, to be opened at the graduate's 10-year class reunion.
  
  

Trivia Cards

• Make a deck of trivia cards by printing questions about the graduate's school on a piece of paper or card stock in the school colors, with answers on the back. Include questions about sports, well-known teachers and other school lore. Place some of the trivia cards on each table as conversation starters.
  
  

Drink Flags

• Make small flags to place in drinks by gluing a paper triangle onto a toothpick or cocktail stirrer. Decorate the flag with the grad's school colors and logo or name. You also can purchase silicone ice cube trays to make graduation cap ice cubes to put in drinks.
  
  

Banners

• Make a "Congratulations" or "Good Luck" banner for the graduate. Use triangles hanging upside down from a string to make a pennant banner or circles along a string for a garland-style banner. Glue one letter on each circle or triangle. You can use paper, card stock or felt. You also can make a photo garland by hanging snapshots of the graduate from a line with clothespins.
  
  

Tassel Napkin Rings

• Purchase tassels in the school colors from a craft store and tie them around rolled napkins for graduation napkin rings. You also can pin tassels to the corners of tablecloths to keep them from blowing around at an outdoor graduation party.
  
  

Tiny Graduation Caps

• Make tiny graduation caps to decorate tables. Cut apart an egg carton so each egg cup is separated. Glue pieces of cardboard or card stock on the closed ends of the cups to make graduation caps. Paint them in school colors. Make small tassels out of yarn and glue them on top. If you wish, fill the egg cups with candy or jelly beans in the school colors and glue cardboard or paper over the bottom as favors.