Academic prizes are awarded to students who have excelled academically in a unit of study, or over the course of a semester or year.
- The [http://sydney.edu.au/study/student-administration.html||Student Centre]] notifies students who have been awarded prizes in February of the following academic year.
- The prize is recorded on the student's academic transcript.
- The list of prize recipients is published on the University of Sydney website.
- The relevant School’s hold a School Prize ceremony each year.
- The awarding of prizes is often conditional, and these conditions must be met for a student to be eligible. An example of this is when a prize is awarded on the basis of enrolling in an additional year of Honours, or in a specific unit of study.