A prize will be 'awarded' to the student who sells the most tickets.
an 'awards' ceremony [=a ceremony at which awards are given out]
The company is 'awarding' the contract to the lowest bidder.
(..) - You made it. It's not the first time I've been proven wrong. - Congratulations. - Thanks, Dad. Peter, the science award. That's terrific. Yeah. I know this has been a difficult time for you... ...but I want you to try (..)2002 Spider-Man