The first Outstanding Students Awards ceremony took place on March 23rd, 2004. Outstanding Students are selected based on their accomplishments in such areas as academic performance, professionalism, and leadership. Fatima Haider was honoured as the most outstanding student from the College of Business, Management, Law and Finance.

Sadeem Al Kuwaiti was also honoured as the most outstanding student from the College of Computer Engineering and Information Systems. Each student received Certificates of Achievement presented by Gulf University President, Dr. Mona Rashid Al-Zayani.

Certificates of Recognition were also distributed in recognition of continuous academic improvement to Hamad Al Khalifa, Abdullah Al Munif, Aziz Jalal, Salah Al-Ghamdi, and Reem Al-Sagri.

Certificates of Appreciation for significant contributions to the Gulf University Student Union were distributed to Nawaf Al Mahmeed, Asra Aziz, Noora Busheri, and Khalid Abdul Ghani.