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The American Society for Aesthetics awards an annual prize for an outstanding monograph in the philosophy of art or aesthetics that was published in the previous calendar year. The selection is made by a committee appointed by the ASA President, with members remaining anonymous. Anyone may nominate a book, and self-nominations are encouraged. The review of books by the committee commences in the spring of each year. The prize recognizes exceptional scholarly achievement in aesthetics and the philosophy of art through book-length publications. Winners represent diverse approaches to aesthetics, from historical scholarship to contemporary philosophical analysis. The award honors contributions that advance the field of aesthetics and demonstrate outstanding scholarly merit. The prize includes both a monetary award of $1000 and reasonable travel expenses to attend the ASA annual meeting, where the prize is announced. This recognition provides winners with visibility within the aesthetics community and the opportunity to present their work at a major professional gathering.

The American Philosophical Association and the American Society for Aesthetics jointly offer the Arthur Danto/American Society for Aesthetics Prize, which recognizes outstanding published work in aesthetics in honor of the late Arthur Danto, a past-president of the APA-Eastern Division. The prize is awarded to a member of both the APA and ASA for the best paper in the field of aesthetics, broadly understood, published in a refereed journal, or an original book chapter or original essay published in a collection with multiple contributors. The award is presented in even-numbered years. In addition to the prize award, the ASA provides travel support to the winner if that person has no other access to travel funds that could be used for the meeting during the academic year of prize receipt. The travel funds are determined solely on the basis of financial need, not the perceived merit of the paper. Selection of the winner and the commentators for the symposium is made jointly by representatives from the ASA and the APA with expertise in aesthetics.

The American Society for Aesthetics sponsors the biennial John Fisher Memorial Prize in Aesthetics. The prize is awarded to an original essay in aesthetics, created in memory of the late John Fisher, editor of The Journal of Aesthetics and Art Criticism from 1973 to 1988. The Prize is offered to foster the development of new voices and talent in the field of aesthetics. The competition is limited to those persons who have completed the terminal degree in their field and are in the early stages of participation in their profession. The biennial winning essay will be published in JAAC, and the author will have the opportunity to read the paper at the annual meeting of the American Society for Aesthetics that follows announcement of a winner. The essay may be on any topic in aesthetics understood according to the characterization on the masthead of JAAC, with a maximum length of 7,500 words.