Awards may be made as follows: A school, school related, or nonprofit group may purchase and present to a student for athletic achievement a school insignia, medal, pin, or similar article; Awards from outside the school may be given to individual athletes or school teams provided the awards are approved by the local superintendent, meet MPSSAA guidelines, and the presentation is made at a school-approved function. Recognition of student athletes and teams, other than through awards, shall be limited to appreciation banquets approved by the local superintendent.