Since 2015, MHF has awarded the top Honours undergraduate from the Department of Malay Studies (NUS) with the MHF Award. This award is presented at the annual award presentation ceremony for the Faculty of Arts and Social Sciences, NUS. The MHF award comprises a cash grant of $1,000.
To date, 6 former graduates have received this award. Most have gone on to pursue professional careers in government ministries and agencies, as well as other public and private organisations. From 2020 onwards, recipients would also be required to contribute back to the community through projects initiated by MHF.