The Sydney Lyceum Club Inc. presents annual monetary prizes to promising students, female or male, in the following categories:
- A student at the University of Technology Sydney for the best thesis in Journalism and Social Communication (the Dame Mary Gilmore Award);
- A student obtaining Honours in Chemical Engineering thesis at University of New South Wales; and
- The student of Western Sydney University who achieves the highest mark in the Master of Teaching Primary or Bachelor of Arts (Pathway to Primary Teaching).
- University of New South Wales – Lyceum Club Women in Engineering Student Award for Leadership and Engagement Award