An endowed fund has been established to support three Lucas-Hathaway Teaching Excellence Awards, which recognize faculty members for teaching excellence. Presented annually, one award recognizes a faculty member with a history of teaching excellence, and the second one recognizes a faculty member for teaching excellence in introductory subjects primarily taken in the freshman and sophomore years. In 2005, a third award was established to recognize outstanding teaching by non-full-time faculty at any Waynesburg University site. The award program is funded by the Lucas-Hathaway Charitable Trust, which was funded by J. Richard Lucas and C. Joan Hathaway Lucas, members of the class of 1950.
The student leadership honorary society, Omicron Delta Kappa, also awards a faculty or staff member special recognition.