The University of Iowa has recognized Betsy Stone with a Distinguished Mentor Award. 

The award was created "to recognize the work that mentors put in to make their student's experiences successful, the Iowa Center for Undergraduates (ICRU) created the Distinguished Mentor Award (DMA)."

The annual Discovery and Innovation awards program recognizes faculty, staff, postdoctoral scholars/fellows, graduate students, undergraduate students, and mentors who have demonstrated outstanding accomplishments in research in their field. The program also recognizes individuals and start-ups awarded patents, options, or licenses with the support of the University of Iowa Research Foundation to help protect and commercialize their intellectual property.

"When I first met her [Stone], I was at the crossroads of college paths, trying to figure out my major. I had already met with four other professors and felt even more confused than ever. In that 30-minute meeting with Dr. Stone, I had not only decided that I wanted to study chemistry, but also that I wanted to be a part of her research lab," said Tianyi Li, an environmental science student.