As a prolific composer who blends Chinese and Western traditions, transcending cultural and musical boundaries, Dr. Chen Yi is a recipient of the Ives Living Award from the American Academy of Arts and Letters in 2001. She has been Lorena Cravens/Millsap/Missouri Distinguished Professor at the Conservatory of Music and Dance in the University of Missouri-Kansas City since 1998. She was elected to American Academy of Arts & Sciences in 2005, and the American Academy of Arts & Letters in 2019.

Fellowships and commissioning awards were received from Guggenheim Foundation (1996), American Academy of Arts and Letters (1996), Fromm Foundation at Harvard University (1994), Koussevitzky Music Foundation at the Library of Congress (1997), and National Endowment for the Arts (1994). Honors include the first prizes from the Chinese National Composition Competition (1985, 2012), the Lili Boulanger Award (1993), the NYU Sorel Medal Award (1996), the CalArts/Alpert Award (1997), the UT Eddie Medora King Composition Prize (1999), the ASCAP Concert Music Award (2001), the Elise Stoeger Award (2002) from Chamber Music Society of Lincoln Center.