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.
(..) I hate Da Nang, Joker. I wanna go out into the field. I've been in country almost three months... ...and all I do is take handshake shots at award ceremonies. You'd get wasted your first day in the field and it'd be my fault. A high school girl could do my job. I wanna get out into the shit. (..)1987 Full Metal Jacket