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To salute persons who have made academic achievements, I like to say "Congraduations!" but I'm not sure if it's understood.
I also like to add "-tastic" to the end of words to add emphasis... It's not just Fun, it's Funtastic! It's not just Crappy, it's Craptastic! It's not just a Snack, it's Snacktastic!
And I remember many years ago when a radio ad for "Waterbed Warehouse" coined the word "humongous" to describe the size of the store, but I'm not sure if it qualifies as a portmanteau, because the "hu-" is for "huge" but I can't recall where "-mongous" camefrom.