Each spring, the Medical Alumni Society board of directors selects recipients for the following awards:
- Harold S. Diehl Award, granted to individuals who have made outstanding professional contributions to the Medical School, the University, and the community.
- Distinguished Alumni Award, which recognizes University of Minnesota Medical School graduates and resident alumni who have made outstanding contributions to their communities—at the local, regional, or national level—through medical practice, teaching, research, or other humanitarian activities.
- Early Distinguished Career Alumni Award, given to a physician for exceptional accomplishments within 15 years of graduating from or completing their residency at the University of Minnesota Medical School.
- Alumni Philanthropy and Service Award, given to University of Minnesota Medical School graduates and resident alumni who have made significant medical contributions to their particular field of practice, as well as contributed or leveraged significant philanthropic support of the Medical School.