This program is very similar to the example Draw hollow text in Visual Basic .NET. See that example for most of the details.

The big difference between the two programs is the brush they use to fill the large text. This example uses the following code.

' Make a bitmap containing the brush's text.
Using small_font As New Font("Times New Roman", 8)
    ' See how big the text will be.
    Dim text_size As SizeF = _
        e.Graphics.MeasureString("Text", small_font)

    ' Make a Bitmap to hold the text.
    Dim bm As New Bitmap( _
        CInt(2 * text_size.Width), _
        CInt(2 * text_size.Height))
    Using gr As Graphics = Graphics.FromImage(bm)
        gr.Clear(Color.LightBlue)
        gr.DrawString("Text", small_font, Brushes.Red, 0, 0)
        gr.DrawString("Text", small_font, Brushes.Green, _
            text_size.Width, 0)
        gr.DrawString("Text", small_font, Brushes.Blue, _
            -text_size.Width / 2, text_size.Height)
        gr.DrawString("Text", small_font, _
            Brushes.DarkOrange, text_size.Width / 2, _
            text_size.Height)
        gr.DrawString("Text", small_font, Brushes.Blue, _
            1.5F * text_size.Width, text_size.Height)

        ' Fill the path with the brush.
        Using br As New TextureBrush(bm)
            e.Graphics.FillPath(br, path)
        End Using
    End Using

    ' Outline the path.
    Using pen As New Pen(Color.Black, 3)
        e.Graphics.DrawPath(pen, path)
    End Using
End Using

The code then clears the Bitmap and draws the string four times at different positions and in different colors on the Bitmap.

Finally the program uses the Bitmap to make a TextureBrush and fills the GraphicsPath containing the large text.