Each year, NSM awards prizes local undergraduate and postgraduate students to promote the science of human nutrition. These prizes are awarded under the Education Fund of the NSM, according to the Bye-Laws of the Society. The NSM Undergraduate Prize is awarded for a thesis accepted for a basic/first degree. The NSM Postgraduate Prize is awarded for a thesis accepted for a PhD or MSc degree.

These prizes are traditionally awarded during the annual scientific Conference of the NSM. All universities shall be notified and invited to submit nominations for the prizes.