- The Top 5% of students in Canadian schools will receive certificates designating them as National Biology Scholars; the Top 1% as National Biology Scholars with Distinction.
- The Top 5% of students in schools outside of Canada will receive certificates designating them as International Biology Scholars; the Top 1% as International Biology Scholars with Distinction.
- Each school with 10 or more participating students will be presented with a Certificate of Achievement to award to its top scorer in the competition. Schools with fewer than 10 participating students will also receive a certificate if the top student in that school scored in the top 30% of all participants.
University of Toronto National Biology Competition Scholarships will be awarded to the top 15 students (of all participants) in the competition to register in the Faculty of Arts & Science at the University of Toronto (St. George campus).
- The value of each scholarship is $3,000.
- Receipt of a scholarship is conditional upon a student obtaining a score in the competition above the 95th percentile, demonstrating outstanding academic performance in their final year of secondary school, and registering in the Faculty of Arts & Science at the University of Toronto (St. George).
- Award winners who are not in their final year of secondary school can defer the acceptance of their scholarship.
- A student who competes in the competition more than once can only receive one scholarship.
- A National Biology Competition Scholarship may be held along with other awards a student may receive, provided the terms of the other awards permit this. A high score on the exam may increase a student's chance of obtaining other awards from the University of Toronto, but a low mark will not hinder it.
- Competition scores are not used as a criterion for admission to university studies.
The Top 1% of students in Canadian schools and the Top 1% of students in schools oustide of Canada will each receive cash prizes as follows:
- 1st: $300
- 2nd: $200
- 3rd: $100
- the remaining 1% (beginning with 4th place): $50 each