I made a huge bowl of the mini diplomas while I was watching an Oprah rerun - The one with Sarah Ferguson. But it was an episode that I had never seen before!
So I used my 2 1/2" square scalloped punch to punch regular copy paper.
It was the perfect size to roll around the Smarties.
Once I rolled the scalloped paper around the Smartie - I used a small piece of tape the secure the rolled paper. Then I tied the diploma with a thin piece of ribbon.
At first I was going to write on the diploma's "Congratulations" but I decided the diplomas actually looked better without any writing.