对比：reward sb with sth. 以某物酬谢某人, 须加介词with; They rewarded the boy with $5 for bringing back the lost dog. (他们给这男孩5美元酬谢他把丢失的狗找回来。) grant (="consent" to give or allow what is asked for) 同意 (给予) , 答应 (请求) ：The firm granted him a pension. (公司同意给予他退休金。) present sb. with sth. 赠送：Our class presented the school with a picture. (我们班给学校送了一幅画。) present 颁发, 呈递：1) The principal will present the diplomas. (校长将颁发文凭。) 2) We shall present a complete report to the Annual Conference. (我们将向年会递交一份全面的报告。)

本题句意是：大学是授予学位和进行研究的教育机构。可见, 本题应选award.