Hi Dalene :-) I found this recipe on the internet. I hope that it is what you are looking for.

Grad Caps

Cap off your child's graduation party with these treats. Place a miniature peanut butter cup, bottom up, on a plate. Top with a small dollop of frosting or peanut butter, then press on a chocolate (coating) covered graham cracker. For a tassel, tightly roll up a small square of fruit leather. Cut fringe in one end and attach the other end to the center of the graham cracker with another dab of frosting or peanut butter.