| Award | Player | Team |
| Player of the Year | Glen Shaw | Austin |
| Front Office Bowl MVP | Cole Bush | Syracuse |
| Coach of the Year | Herman Odom | Syracuse |
| Legend of the Game | Tony Sullivan | Raleigh-Durham |
| Offensive Player of the Year | Glen Shaw | Austin |
| Defensive Player of the Year | Nate Spetz | Syracuse |
| Offensive Rookie of the Year | Deion Fishman | Austin |
| Defensive Rookie of the Year | Lawrence Roberts | Greenville |
| All-League First Team Quarterback | Glen Shaw | Austin |
| All-League First Team Running Back | Mack Lary | Denver |
| All-League First Team Fullback | Sam Airhart | Tulsa |
| All-League First Team Tight End | Timothy Stine | Austin |
| All-League First Team Wide Receiver | Bobby Griese | Norfolk |
| All-League First Team Wide Receiver | Vincent Gohl | Wichita |
| All-League First Team Center | Darrin Dawkins | Columbus (OH) |
| All-League First Team Offensive Guard | Leonard Williamson | Omaha |
| All-League First Team Offensive Guard | Percy Nichols | Honolulu |
| All-League First Team Offensive Tackle | Andre Lim | Kentucky |
| All-League First Team Offensive Tackle | Brad Fulcher | Honolulu |
| All-League First Team Punter | Devin Green | Denver |
| All-League First Team Kicker | Casey Fregoso | Little Rock |
| All-League First Team Defensive End | Nate Spetz | Syracuse |
| All-League First Team Defensive End | Malcolm Scarlett | Tulsa |
| All-League First Team Defensive Tackle | Ian Van Pelt | Memphis |
| All-League First Team Defensive Tackle | Anthony Varner | Wichita |
| All-League First Team Inside Linebacker | Bryce Erickson | Norfolk |
| All-League First Team Outside Linebacker | Corwin Robertson | Columbus (OH) |
| All-League First Team Outside Linebacker | Stan Harmon | Kentucky |
| All-League First Team Cornerback | Bryce Krzyzanowski | Kentucky |
| All-League First Team Cornerback | Spencer Churchill | Norfolk |
| All-League First Team Safety | Britt Dent | Toledo |
| All-League First Team Safety | Lenny Locke | Grand Rapids |
| All-League Second Team Quarterback | Clay Rhodes | Columbus (OH) |
| All-League Second Team Running Back | Allen Griffith | Honolulu |
| All-League Second Team Fullback | Mario Federspiel | El Paso |
| All-League Second Team Tight End | Claude Douglas | Greenville |
| All-League Second Team Wide Receiver | Lorenzo Bryden | Columbus (OH) |
| All-League Second Team Wide Receiver | Brock Gerard | Fresno |
| All-League Second Team Center | Leo Deshaies | Tulsa |
| All-League Second Team Offensive Guard | Brock Sokol | Salt Lake City |
| All-League Second Team Offensive Guard | Cary Middleton | Knoxville |
| All-League Second Team Offensive Tackle | Malcolm Miller | Tucson |
| All-League Second Team Offensive Tackle | Ted Rodriguez | Columbus (OH) |
| All-League Second Team Punter | Leo Currey | Richmond |
| All-League Second Team Kicker | Derrick Singleton | El Paso |
| All-League Second Team Defensive End | Sammy Adkisson | Columbus (OH) |
| All-League Second Team Defensive End | Leon Marek | Greenville |
| All-League Second Team Defensive Tackle | Jon Thornton | Toledo |
| All-League Second Team Defensive Tackle | Ralph Schrack | Syracuse |
| All-League Second Team Inside Linebacker | Freddie Von Hagel | Denver |
| All-League Second Team Outside Linebacker | Darrell Flagg | Wichita |
| All-League Second Team Outside Linebacker | Steven Maioriello | Fresno |
| All-League Second Team Cornerback | Bart Kirk | El Paso |
| All-League Second Team Cornerback | Archie Hurd | Memphis |
| All-League Second Team Safety | Nick Loucks | Albuquerque |
| All-League Second Team Safety | Skip Franklin | Kentucky |
| League's Fastest Man | Lance Castronovo | Greenville |
| League's Strongest Man | Carl Burns | Raleigh-Durham |