Schultze was a recipient of the Knight's Cross of the Iron Cross with Oak Leaves. The Knight's Cross of the Iron Cross and its higher grade Oak Leaves was awarded to recognise extreme battlefield bravery or successful military leadership. Legally it was Nazi Germany's highest military decoration at the time of its presentation to Herbert Schultze, although the later higher ranked Swords and Diamonds grades to the Knight's Cross had already been awarded in June and July 1941.[Note 1]