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Literary Awards

You've probably heard of fancy awards such as the Pulitzer Prize and the Nobel Prize, but do you know what winning these awards actually entails? Of course, these prizes come with ceremonies, certificates, and money, but they also greatly influence who is remembered in literary history. Literary awards help financially support authors and create a library of texts seen to be exemplars of excellence in writing, forging unique achievements in literary history. 

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Literary Awards

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You've probably heard of fancy awards such as the Pulitzer Prize and the Nobel Prize, but do you know what winning these awards actually entails? Of course, these prizes come with ceremonies, certificates, and money, but they also greatly influence who is remembered in literary history. Literary awards help financially support authors and create a library of texts seen to be exemplars of excellence in writing, forging unique achievements in literary history.

The Definition of Literary Awards

A literary award is a prize presented to an author in appreciation and recognition of a book or body of work. Literary awards are often associated with an organization that holds an awards ceremony to distribute the recognitions. Literary awards typically provide cash prizes, medals, and certificates to authors. They are normally sponsored by individuals, families, organizations, and publishing firms.

The History of Literary Awards

Literary awards began springing up in the early 20th century. They rapidly grew in popularity after the Nobel Prizes were first awarded in 1901. In 1895, Alfred Nobel established the idea for the Nobel Prize for Literature, among other subjects. Its intent was to determine and honor an author with exceptional quality in the work they produced throughout their lifetime.

Discussions began in the 19th and 20th centuries regarding distinguishing popular literature from quality literature. While many novels and stories sold well and appealed to the general public, this did not mean the writing had literary merit. Literary awards were devised for a wide variety of genres to promote and appreciate quality works and talented writers.

Today, literary awards provide a public platform for the appreciation of writers and their words. Literary prizes help authors gain recognition and provide them with financial support to continue their work. Literary prizes have become associated with a sense of exclusivity, excellence, and honor. They are often quite difficult to attain, providing goals for established and aspiring writers alike.

The Controversy of Literary Awards

Although many literary awards can help establish authors, some argue that literary awards create a sense of elitism, exclusivity, and control over the perceptions of literary merit.

To be nominated for many literary awards, an author must already have a certain level of fame or have their names circling around notable literary circles. Also, the selection panel for awards greatly determines whose work is deemed "outstanding" in the public eye. Organizations have been criticized for sexism and racism in their determination of winners.

Most Prestigious Literary Awards

There are hundreds of different literary awards, each with its own significance. However, certain awards have considerably more pull than others because of their longstanding and highly prestigious nature. These awards include the Nobel Prize in Literature, the Pulitzer Prize, the National Book Award, the Booker Prize, the Neustadt International Prize For Literature, and The PEN America Literary Awards.

The Nobel Prize in Literature

The Nobel Prize in Literature is given to one author per year. This author can be from any country but must have produced outstanding work in the field of literature. The prize can be awarded for a particular piece of work or for the author's overall body of work. Each Nobel Prize in Literature winner receives a gold medal, a diploma, and about $1 million!

Literary Awards, Nobel Prize, StudySmarterFig. 1 - The Nobel Prize was created in 1901 by the famous Swedish scientist, inventor, and entrepreneur, Alfred Nobel.

Famous winners of the Nobel Prize in Literature include:

  • Bob Dylan (2016)
  • Seamus Heaney (1995)
  • Toni Morrison (1993)
  • Gabriel García Márquez (1982)
  • Ernest Hemingway (1954)
  • William Faulkner (1949)
  • George Bernard Shaw (1925)

Who was Alfred Nobel, and why did he establish the Nobel Prizes?

Alfred Nobel (1833‐1896) was a Swedish inventor, engineer, chemist, businessman, and philanthropist who also enjoyed writing poetry and drama. He held 355 patents during his life and is best known as the inventor of dynamite, among many other destructive inventions.

When one of Nobel's brothers died, the media mistook it for Alfred's death. Headlines and obituaries celebrated his death because of his contributions to warfare. Shocked by this legacy, Nobel set out to change it to one of peace.

Nobel outlined the establishment of the five Nobel Prizes—for physics, chemistry, physiology/medicine, literature, and peace—in his final will. The prizes are a reflection of his personal interests. He wanted them to be awarded to those who had created the largest benefit to humanity through their work in each field.

Alfred Nobel left the majority of his money, which would amount to about $265 million today, to fund the prizes. However, many conflicts arose among his family when his will was discovered. Thus, it took five years after his death for the first Nobel Prizes to be awarded in 1901.

The Pulitzer Prize

The Pulitzer Prize was created in 1917 by a wealthy newspaper publisher named Joseph Pulitzer. There are 22 Pulitzer Prizes distributed per year in different subjects among journalism and the arts. The Pulitzer Prize for Fiction, previously known as the Pulitzer Prize for the Novel, is awarded to an American author who published a recent fiction novel that represents American life. Award winners are given the Prize through Columbia University and receive a certificate and a $15,000 cash prize.

When the Pulitzer Prize for the Novel was changed to the Pulitzer Prize for Fiction in 1948, short stories and novellas became eligible for the Prize in addition to novels. The Pulitzer Prize for Poetry was established in 1922.

Award winners of the Pulitzer Prize for Fiction include:

  • Toni Morrison (1988) for Beloved (1987)
  • Alice Walker (1893) for The Color Purple (1982)
  • Harper Lee (1961) for To Kill a Mockingbird (1960)
  • William Faulkner (1955) for A Fable (1954)
  • Ernest Hemingway (1953) for The Old Man and the Sea (1953)
  • John Steinbeck (1940) for The Grapes of Wrath (1939)
  • Margaret Mitchell (1937) for Gone with the Wind (1936)

The National Book Awards

The National Book Award was established in 1950 to celebrate the best American literature. The National Book Award Foundation assembles 25 distinguished writers and members of the literary field to judge the awards. Categories for National Book Awards include Fiction, Nonfiction, Poetry, Translated Literature, and Young People's Literature. Winners receive $10,000 and a bronze sculpture.

Winners of the National Book Awards include:

  • Louis Sachar (1998) for Holes (1998)
  • Theodore Roethke (1965) for The Far Field (1964)
  • Flannery O'Connor (1972) for The Complete Stories (1971)
  • Joyce Carol Oates (1970) for Them (1970)

The Booker Prize

The Booker Prize, previously known as the Man Booker Prize, is a literary award for the best English novel of the year published in the United Kingdom or Ireland. The winner of the Booker Prize is selected by a panel and receives £50,000.

Recent award winners of the Booker Prize include:

  • Shuggie Bain by Douglas Stuart (2020)
  • The Testaments by Margaret Atwood (2019)
  • Life of Pi by Yann Martel (2002)

Note: the winning novel can be from any country, but it must be published in the U.K. or Ireland to qualify.

The Neustadt International Prize For Literature

The Neustadt International Prize for Literature was founded in 1969. It was created from an endowment from the America Neustadt family. The Neustadt International Prize for Literature awards $50,000, an eagle feather cast in silver, and a certificate to an author who has demonstrated excellence through written works of drama, poetry, or fiction.

Award winners of The Neustadt International Prize for Literature include:

The PEN America Literary Awards

The PEN America Literary Awards were founded in 1963. PEN America provides about $370,000 per year in awards, fellowships, grants, and prizes for writers and translators. PEN awards distribute over 20 awards spanning the genres of fiction, poetry, biography, drama, essay, and nonfiction writing.

Winners of the PEN America Literary Awards include:

  • The Manga Artist (2019) by Doug Henderson
  • Philip Roth (2006) for his body of work

Types of Literary Awards

There are numerous types of literary awards for different forms of writing, as well as for different genres, regions, cultures, and subject matter. There are also typically different literary awards for fiction vs. nonfiction works, such as literary criticism, politics, journalism, and historical writing.

There are literary awards specifically for women—most notably, the Women's Prize for Fiction. The Women's Prize for Fiction was established in 1992, awarding international women for best fiction writing. The selection panel for the prize is all female.

There are also genre-specific literary awards such as The Hugo Award, the highest award to science fiction writers.

Literary Awards, Hogwarts Japan, StudySmarterFig. 2 - J.K. Rowling won the 2001 Hugo Award for Harry Potter and the Goblet of Fire (2000).

There are also regional types of literary awards. For example, the British Book Awards and the Costa Book Awards are for writers based in the U.K. and Ireland, while the National Book Award and the John Newbery Medal are specifically for American writers and literature.

List of Literary Awards

Below is an extended list of literary awards and a bit of information about them:

  • Bancroft Prize—Columbia University's award for books about American history or diplomacy
  • Bollinger Prize—Yale University award that honors an American poet
  • Guggenheim Fellowship—awards grants to creatives and scholars who have shown exceptional creative abilities
  • National Book Critics Circle Award—awards English books and reviews
  • Newbery Medal—awards an author for distinguished contribution to American children's literature
  • O. Henry Awards—awards the best English short stories published in the United States or Canada
  • Ruth Lilly Poetry Prize—awards a living U.S. poet with $100,000 for their lifetime accomplishments
  • Walter Scott Prize—a British literary award for historical fiction
  • Walt Whitman Award—poetry award presented by the Academy of American Poets

Literary Awards - Key takeaways

  • A literary award is a prize presented to an author in appreciation and recognition of a book or body of work.
  • Literary awards typically provide cash prizes, medals, and certificates to authors.
  • Literary awards became popular in the 20th century after the first Nobel Prizes were awarded in 1901.
  • Some of the most prestigious literary awards include the Nobel Prize in Literature, the Pulitzer Prize, the National Book Award, the Booker Prize, the Neustadt International Prize For Literature, and The PEN America Literary Awards.
  • There are numerous types of literary awards for different forms of writing, as well as for different genres, regions, cultures, and subject matter.

Frequently Asked Questions about Literary Awards

Literature awards are prizes presented to an author in appreciation and recognition of a book or body of work.

The highest award for writers is the Nobel Prize in Literature.

The most important literature awards include the Nobel Prize in Literature, the Pulitzer Prize, the National Book Award, the Booker Prize, the Neustadt International Prize For Literature, and The PEN America Literary Awards.

Some types of literature prizes include prizes for fiction, poetry, short stories, and drama. There are different types of literature prizes for different forms, genres, and regions.

Literary awards are good because they help financially support authors and create a library of texts seen to be exemplars of excellence in writing, forging unique achievements in literary history. 

Test your knowledge with multiple choice flashcards

What year was the Guggenheim Fellowship created?

True or False: The Fellowship has sponsored over 18,000 fine artists, writers, scientists, and scholars.

About how many Guggenheim Fellowships are given out per year?

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