The Grad cap and the circle are freebies from www.http.//birdscards.com . She has lots of freebies that are very useful! The sentiment inside the circle was generated on PS. The coloring of the cap was done with copics and wc pencils/gamsol. Below is how the card shape was made if you'd like to know.
This (above) was printed (borderless) on 8.5X11 in. paper. It makes two (A2) size cards. When the paper is cut in half, you'll have one vertical and one horizontal card with the G on the edge of the card front. Cut out the right side of the G and the center of the G. Leave the left side attached. Use the white part of the G as a template for cutting out your contrasting paper or you could just color the inside of the G as you wish.