Liz Larson on youtube shows how to do it out of candy melts also. I made the motar board last week, out of mmf with tylose powder. It is for Wednesday. I'll let you know if it holds up. It is for my son (not a customer) so at least I'll know for future reference on how it holds up.
I just delivered one this weekend. I made it from fondant mixed with cornstarch, let it dry for a week and did not place the cap on the cake until it was in it's final resting place. That part is easy, it's the tassel that was giving me fits. The grad I was making it for had three colors in it and they kept wanting to break. I felt the tassel had to be made at the last minute so it would be soft and drape nicely. That was no fun!
I did one last year made from fondant with tyclose powder...I made it a week before and only put it on the morning I needed to deliver. I also put it on a baking sheet and placed it in the oven with just the oven light on, it warned it up enough to help harden faster
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