The Mathematical Modeling Competition for American College Students has set up five awards, namely, Outstanding Award, Final Award, Meritorious Award, Honorary Award and Successful Participant. In China, it is customary to correspond these five prizes to the grand prize, the candidate prize for the grand prize, the first prize, the second prize and the third prize respectively.

The annual competition time of American college students' mathematical modeling competition is generally set at the beginning of February, and it is necessary to register through official website and have a fixed instructor. General colleges and universities will organize interested students to carry out pre-competition training, registration and payment.