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.
(..) Trophy Town. Medals, Ribbons. Everyone's a winner. I won first prize. - Me too! - Oh. Participation award. Wait, is that? Is that a? Look. It's Cloud Town. That's my favorite. Hoo-hoo-hoo. (..)2015 Inside Out