I have a mature student who has received a Distinction on Grades 1,2,3 and 4 of her Theory Exams. She is preparing for Grade 5 and hoping for another Distinction. Grade 5 will be the last Theory exam she does, and she and I are wondering if the ABRAM gives any special award or recognition to a student who consistently receives a Distinction in all Theory exams. If the answer is "No", do other teachers think it would be a good idea to give such an award? Maybe my student could be the first to receive one!

It's pretty common to get distinctions at Theory grades 1 to 5. There is a prize for distinction at 6, 7 ot 8 already.
And I believe there's a prize for 100% at grade 5 for candidates in the US.

I tend to enter adults for grade 2 and then 5 - but working through all the books on the way. This saves a lot of money on exam fees.