Undergraduates who distinguish themselves in University examinations are elected into Scholarships or Exhibitions, and are also awarded Book Prizes. The most prestigious prize is the Schuldham Plate, which is awarded to the best graduating student(s) in any given year. Other academic prizes are also available, e.g. subject-specific prizes and the Master's Essay Prizes.
There are also non-academic prizes, e.g. the Lock Tankard, which is awarded to the graduating student who is judged to have contributed the most to college life; and the Miliffe Fun Scholarship, which is awarded to an undergraduate judged to be the most 'fun'.
For more information see the scholarships, bursaries and grants section in Admissions.