| Award | Player | Team |
| Player of the Year | Irving Arceo | Tucson |
| Front Office Bowl MVP | Jesse Stringer | Columbus (OH) |
| Coach of the Year | Kevin Norris | Columbus (OH) |
| Legend of the Game | Bucky Strong | Albuquerque |
| Offensive Player of the Year | Irving Arceo | Tucson |
| Defensive Player of the Year | Claude Clanton | Tulsa |
| Offensive Rookie of the Year | Daryl Hickman | Las Vegas |
| Defensive Rookie of the Year | Archie Hanson | El Paso |
| All-League First Team Quarterback | Sammy Compton | Albuquerque |
| All-League First Team Running Back | Irving Arceo | Tucson |
| All-League First Team Fullback | Oliver Jacobson | Raleigh-Durham |
| All-League First Team Tight End | Terry Woody | Albuquerque |
| All-League First Team Wide Receiver | Lorenzo Apotsos | Tucson |
| All-League First Team Wide Receiver | Kirk Irons | Tucson |
| All-League First Team Center | Grant Dalzell | Columbus (OH) |
| All-League First Team Offensive Guard | Earnest Haggan | Charleston |
| All-League First Team Offensive Guard | Clyde Houston | Syracuse |
| All-League First Team Offensive Tackle | Leon Malchow | Kentucky |
| All-League First Team Offensive Tackle | Joe Zonnefeld | Knoxville |
| All-League First Team Punter | Luke Thornton | Hartford |
| All-League First Team Kicker | Eric Skjerven | Greenville |
| All-League First Team Defensive End | Corey Flemons | Columbus (OH) |
| All-League First Team Defensive End | Ronald Pierce | Charleston |
| All-League First Team Defensive Tackle | Jorge Hudson | Memphis |
| All-League First Team Defensive Tackle | Alfred Marsh | Oklahoma City |
| All-League First Team Inside Linebacker | Ed Steddick | Albany |
| All-League First Team Outside Linebacker | Jorge Dunlap | Tulsa |
| All-League First Team Outside Linebacker | Darrin Troyer | Syracuse |
| All-League First Team Cornerback | Dwayne Brosseau | Knoxville |
| All-League First Team Cornerback | Jamie Woodard | Columbus (OH) |
| All-League First Team Safety | Claude Clanton | Tulsa |
| All-League First Team Safety | Robert Higdon | Salt Lake City |
| All-League Second Team Quarterback | Nathan Armstrong | Little Rock |
| All-League Second Team Running Back | Leslie Flinn | Denver |
| All-League Second Team Fullback | Julio Coleman | Kentucky |
| All-League Second Team Tight End | Lester Hatcher | Honolulu |
| All-League Second Team Wide Receiver | Bobby Griese | Norfolk |
| All-League Second Team Wide Receiver | Isaac Hartman | Greenville |
| All-League Second Team Center | Norman Schoonover | Greenville |
| All-League Second Team Offensive Guard | Burt Vandenberg | Albany |
| All-League Second Team Offensive Guard | Vincent Perez | Denver |
| All-League Second Team Offensive Tackle | Bill Tate | Sacramento |
| All-League Second Team Offensive Tackle | Thomas Middleton | Salt Lake City |
| All-League Second Team Punter | Brandon Stephens | Sacramento |
| All-League Second Team Kicker | Bernie Hanson | Toledo |
| All-League Second Team Defensive End | Ross Secora | Little Rock |
| All-League Second Team Defensive End | Harvey Hardy | Birmingham |
| All-League Second Team Defensive Tackle | Darnell Jones | Charleston |
| All-League Second Team Defensive Tackle | Donovan Waddell | Oklahoma City |
| All-League Second Team Inside Linebacker | Toby Long | Little Rock |
| All-League Second Team Outside Linebacker | Nolan Hawkey | Albany |
| All-League Second Team Outside Linebacker | Roy Romo | Albuquerque |
| All-League Second Team Cornerback | Wesley Grier | Columbus (OH) |
| All-League Second Team Cornerback | Tom King | Sacramento |
| All-League Second Team Safety | Timothy Palumbo | Little Rock |
| All-League Second Team Safety | Steven James | Sacramento |
| League's Fastest Man | Jamie Woodard | Columbus (OH) |
| League's Strongest Man | Vinny Whitfield | Grand Rapids |