Fernand Nault has received three awards from the Canadian government, the Centennial Medal, in 1967, the Order of Canada, in 1977 and the Governor General’s awards for the performing arts, in 2000. He has been awarded the prize for choreography, in 1976, for his ballet Incohérence at the 7th International Ballet Competition in Varna, Bulgaria. In 1984, he was honoured by the Government of Quebec with the Prix Denise Pelletier, a lifetime achievement award. In 1990, he was accepted as a Chevalier de l’Ordre national du Québec and was named Choreographer Emeritus of Les Grands Ballets Canadiens.

In 2003, Fernand Nault founded the Fonds chorégrahique Fernand Nault, a trust with mission to insure the continuity of his choreographic heritage and to make is repertoire accessible to professional dance companies and schools.