Michigan Tech honors faculty annually with four awards honoring teaching, instructional innovation, research and service. Awards are determined by a committee of peers.

The Faculty Distinguished Teaching Award recognizes two faculty, one for a lecturer, professor of practice or assistant professor, and one for an associate professor or professor, for their outstanding contribution to the instructional mission of the university. The Distinguished Teaching Award Decision Committee determines the award based on student ratings of instruction, surveys, and additional information from student and colleagues.

The Frederick D. Williams Instructional Innovation Award is awarded for exceptional or extraordinary innovation in instruction. Nominations are solicited from the faculty and reviewed by past teaching and instructional innovation award winners.

The Faculty Distinguished Research Award is awarded for outstanding achievement in research, interpreted broadly as scholarly endeavor. It is based on the impact that a person has made toward advancement of knowledge or the state of scholarship as evidenced by either a sustained productive scholarly endeavor or a single noteworthy breakthrough in research. This award symbolizes Michigan Tech's high standard of research achievement.

The Faculty Distinguished Service Award recognizes faculty whose service to the University community has significantly improved the quality of some aspect of campus or community life. Nominations are solicited from university members and reviewed by the award committee.