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.
(..) However, seeing as Mr. Potter would have finished first... ...had it not been for his determination to rescue not only Mr. Weasley... ...but the others as well, we've agreed to award him... ...second place... - Second place! - Well done! ...for outstanding moral fiber! Yes! (..)2005 Harry Potter and the Goblet of Fire