Each year the College awards a number of prizes for music. Three funds exist for this purpose - the 'Compton Wills Fund', the 'Sir Rudolph Peters Fund' and the 'H. L. Perry Fund'. The prizes are given in recognition of any particular or cumulative contribution made by individuals towards the musical life of the College, but the Perry Prize is reserved for the finest instrumental performance in a College concert during the course of the year. The awards are normally in the region of £100. In addition, the 'J. N. Pickard Fund' exists to support any worthy musical undertaking by an undergraduate, which might include special tuition for a College recital.