Title-winning Crusaders boss Stephen Baxter and winger Gavin Whyte are named Manager and Player of the Month.
Warrenpoint Town are relegated from the Irish Premiership after sensational finishes to two crucial games.
Portadown have their fine for undisclosed player payments halved to £5,000 on appeal but a signing ban remains in place.
Pat McGibbon is appointed Portadown manager on a two-year deal despite winning just one game from eight as interim boss.
Portadown will learn the result of their appeal against a £10,000 fine and player signing ban on Friday.
Billy Joe Burns is named Ulster Footballer of the Year after helping Crusaders land the Premiership title on Tuesday.
Crusaders retain the Irish League title for the first time in their history after beating derby rivals Cliftonville at Solitude.
Coverage of Tuesday's Irish Premiership fixtures as Crusaders aim to retain the title by winning at Cliftonville.