| Award | Player | Team |
| Player of the Year | Matt Sanford | Tulsa |
| Front Office Bowl MVP | Dwight Burger | Newark |
| Coach of the Year | C.J. Gunn | Tulsa |
| Legend of the Game | Raymond Rodriguez | West Virginia |
| Offensive Player of the Year | Matt Sanford | Tulsa |
| Defensive Player of the Year | Jerome Watkins | Georgia |
| Offensive Rookie of the Year | Joseph Swinton | Louisiana |
| Defensive Rookie of the Year | Alex Inskeep | Little Rock |
| All-League First Team Quarterback | Matt Sanford | Tulsa |
| All-League First Team Running Back | Louie Humphries | Lawrence |
| All-League First Team Fullback | Marcus Grauman | Vancouver |
| All-League First Team Tight End | Lester Gerhardt | Murfreesboro |
| All-League First Team Wide Receiver | Omar Robinson | Portland |
| All-League First Team Wide Receiver | Chris Andrews | Tulsa |
| All-League First Team Center | Norman Enright | Newark |
| All-League First Team Offensive Guard | Russell Winslett | Fresno |
| All-League First Team Offensive Guard | Brian Emerson | Salt Lake City |
| All-League First Team Offensive Tackle | R.J. Shea | Lansing |
| All-League First Team Offensive Tackle | Gino Wilcox | Houston |
| All-League First Team Punter | Jermaine Cardone | Anchorage |
| All-League First Team Kicker | Ian Hitchcock | St. Louis |
| All-League First Team Defensive End | Antoine Nece | Newark |
| All-League First Team Defensive End | Willie Bohannon | Lawrence |
| All-League First Team Defensive Tackle | Damon Ellard | Los Angeles |
| All-League First Team Defensive Tackle | Dwayne Ayodele | Newark |
| All-League First Team Inside Linebacker | Winfred Reilly | Orlando |
| All-League First Team Outside Linebacker | Jerome Watkins | Georgia |
| All-League First Team Outside Linebacker | J.C. Robbins | Little Rock |
| All-League First Team Cornerback | T.J. Rocco | St. Louis |
| All-League First Team Cornerback | Jimmie Hamilton | Lansing |
| All-League First Team Safety | Justin Warren | Vancouver |
| All-League First Team Safety | Walter Fitzgerald | Tulsa |
| All-League Second Team Quarterback | Corey Perkins | Cleveland |
| All-League Second Team Running Back | Tom Mallard | Los Angeles |
| All-League Second Team Fullback | Roger Sherman | Newark |
| All-League Second Team Tight End | Emmanuel Kelly | Iowa City |
| All-League Second Team Wide Receiver | Tim Rhinehart | Tulsa |
| All-League Second Team Wide Receiver | Stanley Downs | Vermont |
| All-League Second Team Center | Harry Sanders | Tulsa |
| All-League Second Team Offensive Guard | Amos Bailey | Newark |
| All-League Second Team Offensive Guard | Brian Sweeney | Cleveland |
| All-League Second Team Offensive Tackle | Kyle Ford | Los Angeles |
| All-League Second Team Offensive Tackle | Deron Tjandranegara | Lawrence |
| All-League Second Team Punter | Doug Carter | Little Rock |
| All-League Second Team Kicker | Nicky Blades | Vancouver |
| All-League Second Team Defensive End | Willie Peterson | Vancouver |
| All-League Second Team Defensive End | Edwin Beauchamp | Fresno |
| All-League Second Team Defensive Tackle | Leonard Wingfield | Oakland |
| All-League Second Team Defensive Tackle | Andy Linthicum | Orlando |
| All-League Second Team Inside Linebacker | Ken Swift | St. Louis |
| All-League Second Team Outside Linebacker | Ike Cook | Louisiana |
| All-League Second Team Outside Linebacker | Michael Cibella | West Virginia |
| All-League Second Team Cornerback | Artie Dignan | Texas |
| All-League Second Team Cornerback | Louis Whiting | Georgia |
| All-League Second Team Safety | Cornell Berrian | Anchorage |
| All-League Second Team Safety | Scottie Diaz | Wichita |
| League's Fastest Man | Andre Thomason | West Virginia |
| League's Strongest Man | Julio Grant | West Virginia |