Each fall, the Bonham Education Foundation hosts the Academic Excellence Awards ceremony at Bonham High School.  Students who maintain at least a 4.0 grade point average for the previous year are honored.

The first year a student achieves this honor, they are awarded a purple blanket that is embroidered with their class year and a symbol of the school.  In subsequent years, students are given a patch to add to the blanket they have already received.