Making its way through 38 years, the College had nurtured many leaders of society with intelligence and morality. Shaw College alumni accomplished outstanding achievements in different professions, contributing to the society with their knowledge and fully reflected Sir Run Run Shaw's founding aspiration of the College, "Learning, innovation and benefitting humankind". The following 6 Shaw alumni were awarded The Ten Outstanding Young Persons Award:

Shaw College Alumni Association (SCAA) established "Star of Shaw" Award in 2017 to recognise alumni's achievements and their contributions to society. Awardees are selected by a Selection Committee formed by representatives of the College Board of Trustees, College, and the Board of Directors of SCAA. There are two awardees for 2023: Mr Franco Lam (Biology 1995) and Mr Shum Kin-wai (Integrated BBA Programme 1996).

Professor Feng Gangyi, Associate Professor from the Department of Linguistics and Modern Languages, focuses on the teaching and research in neurolinguistics. For the outstanding achievements in his field of research, Professor Feng received the funding award from the Excellent Young Scientists Fund (Hong Kong and Macao) this year.