Simplify the following text for a Grade 5 native English-speaking person.
Original: The Nobel Prize in Physics is awarded once a year by the Royal Swedish Academy of Sciences . It is one of the five Nobel Prizes established by the will of Alfred Nobel in 1895 and awarded since 1901 ; the others are the Nobel Prize in Chemistry , Nobel Prize in Literature , Nobel Peace Prize , and Nobel Prize in Physiology or Medicine .
Simplified: The Nobel Prize in Physics is a Nobel Prize in the science of Physics .