Shepard was awarded the Congressional Space Medal of Honor by President Jimmy Carter on October 1, 1978. He also received the Golden Plate Award of the American Academy of Achievement in 1981; the Langley Gold Medal on May 5, 1964; the John J. Montgomery Award in 1963; the Lambert trophy; the SETP Iven C. Kincheloe Award; the Cabot Award; the Collier Trophy; and the City of New York City Gold Medal for 1971. He was awarded honorary degrees of Master of Arts from Dartmouth College in 1962, D.Sc. from Miami University in 1971, and Doctorate of Humanities from Franklin Pierce College in 1972. He was inducted into the National Aviation Hall of Fame in 1977, the International Space Hall of Fame in 1981, and the U.S. Astronaut Hall of Fame on May 11, 1990.