| Award | Player | Team |
| Player of the Year | Gene Hamilton | Pennsylvania |
| Front Office Bowl MVP | Corey Perkins | Cleveland |
| Coach of the Year | Kris Ludwig | Portland |
| Legend of the Game | Virgil Sepulveda | Vermont |
| Offensive Player of the Year | Gene Hamilton | Pennsylvania |
| Defensive Player of the Year | Adam Kollars | Madison |
| Offensive Rookie of the Year | Tom Mallard | Los Angeles |
| Defensive Rookie of the Year | J.C. Robbins | Little Rock |
| All-League First Team Quarterback | Gene Hamilton | Pennsylvania |
| All-League First Team Running Back | Geoff Wilson | Oakland |
| All-League First Team Fullback | Cary Uno | Montreal |
| All-League First Team Tight End | Donny Bressany | Cleveland |
| All-League First Team Wide Receiver | Chris Andrews | Tulsa |
| All-League First Team Wide Receiver | Arnold Greene | Lawrence |
| All-League First Team Center | Norman Enright | Newark |
| All-League First Team Offensive Guard | Dennis Price | Norfolk |
| All-League First Team Offensive Guard | K.C. Hughes | Salt Lake City |
| All-League First Team Offensive Tackle | Deion Cheatwood | Norfolk |
| All-League First Team Offensive Tackle | Julio Grant | West Virginia |
| All-League First Team Punter | Bert Wolf | Lansing |
| All-League First Team Kicker | Cornell Burgess | Oakland |
| All-League First Team Defensive End | David Prescott | Tulsa |
| All-League First Team Defensive End | D.J. Hicks | Houston |
| All-League First Team Defensive Tackle | Leonard Wingfield | Oakland |
| All-League First Team Defensive Tackle | Henry Parise | Pennsylvania |
| All-League First Team Inside Linebacker | Winfred Reilly | Orlando |
| All-League First Team Outside Linebacker | Adam Kollars | Madison |
| All-League First Team Outside Linebacker | Lester Butler | Madison |
| All-League First Team Cornerback | Jeremy Hickman | Iowa City |
| All-League First Team Cornerback | Artie Dignan | Texas |
| All-League First Team Safety | Ethan Riley | Murfreesboro |
| All-League First Team Safety | Scottie Diaz | Reno |
| All-League Second Team Quarterback | Matt Sanford | Tulsa |
| All-League Second Team Running Back | Gary Jamison | Newark |
| All-League Second Team Fullback | Phillip Pearson | Madison |
| All-League Second Team Tight End | Dan Alcott | Lawrence |
| All-League Second Team Wide Receiver | Terry Wolfe | Pennsylvania |
| All-League Second Team Wide Receiver | Ken Albriktsen | Tulsa |
| All-League Second Team Center | Gerald Shelton | Oakland |
| All-League Second Team Offensive Guard | Brian Sweeney | Cleveland |
| All-League Second Team Offensive Guard | Amos Bailey | Newark |
| All-League Second Team Offensive Tackle | Frank Russell | Georgia |
| All-League Second Team Offensive Tackle | Kyle Ellis | Los Angeles |
| All-League Second Team Punter | Doug Kurogi | Houston |
| All-League Second Team Kicker | Chuck Morris | Norfolk |
| All-League Second Team Defensive End | Kevin Vergara | Montreal |
| All-League Second Team Defensive End | Willie Peterson | Vancouver |
| All-League Second Team Defensive Tackle | J.J. Johnson | Cleveland |
| All-League Second Team Defensive Tackle | Damon Ellard | Los Angeles |
| All-League Second Team Inside Linebacker | Carlton Nitschke | Vancouver |
| All-League Second Team Outside Linebacker | Roger Delcorio | Montreal |
| All-League Second Team Outside Linebacker | Matthew Surcon | Lansing |
| All-League Second Team Cornerback | Omar Navarro | Oakland |
| All-League Second Team Cornerback | Wade Boyd | Lawrence |
| All-League Second Team Safety | Dwayne Hernandez | Lawrence |
| All-League Second Team Safety | Winston Nissly | Norfolk |
| League's Fastest Man | Ken Albriktsen | Tulsa |
| League's Strongest Man | Earnest Bruce | Houston |