After a trial program of three years, the 1996 Convention established the National Outstanding Advisor Award to be given at each Convention. The prize, which includes a plaque, $1,000 to the winner, and $1,000 in the name of the winner to the dean's discretionary fund, recognizes outstanding performance among the chapter advisors of Tau Beta Pi.
A nominating committee from the chapter, excluding but in consultation with the nominee, should prepare the nomination and send it to the Secretary-Treasurer by April 1.
The winners have been:
| Year | Recipient | Chapter |
|---|---|---|
| 1994 | James C. Hill, California Gamma '62 | Advisor to Iowa Alpha. |
| 1995 | John M. Kuhlman, Ohio Alpha '70 | Advisor to West Virginia Alpha. |
| 1996 | Robert P. Van Til, Michigan Alpha '79 | Advisor to Michigan Theta. |
| 1997 | Dennis J. Tyner, Massachusetts Epsilon '85 | Advisor to Vermont Beta. |
| 1998 | John A. Tucker, Massachusetts Epsilon '49 | Advisor to Mass. Beta. |
| 1999 | Eddie R. Fowler, Kansas Gamma '57 | Advisor to Kansas Gamma. |
| 2000 | William W. Mendenhall, Jr., New York Delta '48 | Advisor to Alaska Alpha. |
| 2001 | Louis F. Geschwinder, Jr., New York Gamma'67 | Advisor to Pennsylvania Beta. |
| 2002 | Larry A. Simonson, South Dakota Alpha '69 | Advisor to South Dakota Alpha. |
| 2003 | Melvin R. Corley, Louisiana Gamma '70 | Advisor to Louisiana Gamma. |
| 2004 | Richard J. Smith, Iowa Alpha '69 | Advisor to Iowa Alpha. |
| 2005 | Sally J.Steadman, Wyoming Alpha '69 | Advisor to Alabama Epsilon |
| 2006 | Robert E. Barnes, New York Nu ’84 | Advisor to New York Nu |
| 2007 | Thomas E. Wade, Florida Alpha ’67 | Advisor to Florida Gamma |
| 2008 | Richard B. Hayter, South Dakota Beta ’65 | Advisor to Kansas Gamma |