recipient of a degree, recipient of a certificate, alumnus, alumna, former student, holder of a degree, holder of a certificate, baccalaureate, bachelor, licentiate, diplomate, product, grad*, alum*.
verb
To give a degree
grant a degree to, grant a diploma to, grant a certificate to, confer a degree on, confer a diploma on, confer a certificate on, send out, certify, give a sheepskin to*.
To receive a degree
receive a degree, be awarded a degree, win a degree, earn a degree, take a degree, receive a diploma, be awarded a diploma, win a diploma, earn a diploma, receive a certificate, be awarded a certificate, earn a certificate, become an alumna, become an alumnus, get out, finish, finish up, become qualified, be certificated, be commissioned, get a B.A., get an M.A., get a Ph.D., get an M.D., get a sheepskin*.