In advance: Make graduate bodies. Prepare Royal Icing recipe. On waxed paper, using black royal icing, pipe a Round Decorating Tip 2A mound, 1 in. diameter, for body. Using black royal icing, pipe Round Decorating Tip 10 arms. Using white royal icing, pipe Round Decorating Tip 5 string diploma. Using yellow royal icing, pipe Round Decorating Tip 5 dot hands; let dry. Using white buttercream icing, pipe Round Decorating Tip 3 dots of royal icing to attach petite smiley grad icing decorations for heads; let completely dry.
Bake and cool cupcakes in Smiley Grad or Graduation Themed Standard Baking Cups.
Using white buttercream icing, ice cupcakes smooth with spatula.
Immediately sprinkle Rainbow Jimmies on cupcakes. Place graduates on cupcakes.
Position cupcakes in stand.
Custom make cupcakes to resemble your favorite graduates and decorate in individual school colors.
*Note: Combine Lemon Yellow and Golden Yellow for yellow shade shown. Combine Red-Red with Christmas Red for red shade shown.