Effective May 1, 2005, in accordance with the 2003 Faculty Salary Settlement, the University of Waterloo established an Outstanding Performance Fund to reward faculty members for outstanding contribution in teaching and scholarship.
Every year one co-op student from each faculty is recognized by the University of Waterloo for their contribution to their employer, community and the further development of experiential education. The 2018 Faculty of Science Co-op Student of the Year is Stephanie Chan (Biochemistry). Astronomy and Physics student Emily Pass received the 2018 Co-op Honourable Mention.
Vision scientist Natalie Hutchings and Biology continuing lecturer Marcel Pinheiro have been awarded the Faculty of Science's 2019 Excellence in Science Teaching Award for their innovative and engaging teaching methods.