| Award | Player | Team |
| Player of the Year | Glen Shaw | Austin |
| Front Office Bowl MVP | Freddie Ginsberg | Honolulu |
| Coach of the Year | Dave Tomich | Honolulu |
| Legend of the Game | Shawn Kramer | Wichita |
| Offensive Player of the Year | Glen Shaw | Austin |
| Defensive Player of the Year | Daryl Erickson | Little Rock |
| Offensive Rookie of the Year | Ty Meerdink | Fresno |
| Defensive Rookie of the Year | Karl Kehl | Wichita |
| All-League First Team Quarterback | Glen Shaw | Austin |
| All-League First Team Running Back | Mack Lary | San Antonio |
| All-League First Team Fullback | Sam Airhart | Tulsa |
| All-League First Team Tight End | Timothy Stine | Austin |
| All-League First Team Wide Receiver | Eddie Franklin | Omaha |
| All-League First Team Wide Receiver | Bobby Griese | Norfolk |
| All-League First Team Center | Mack Banks | Portland |
| All-League First Team Offensive Guard | Blake McClinton | Columbus (OH) |
| All-League First Team Offensive Guard | Brock Sokol | Salt Lake City |
| All-League First Team Offensive Tackle | Brad Fulcher | Honolulu |
| All-League First Team Offensive Tackle | Andre Lim | Kentucky |
| All-League First Team Punter | Bryant Emerson | Tulsa |
| All-League First Team Kicker | Cornell Brooks | Grand Rapids |
| All-League First Team Defensive End | Marvin Wiggins | Little Rock |
| All-League First Team Defensive End | Leon Marek | Greenville |
| All-League First Team Defensive Tackle | Zack Shaw | Knoxville |
| All-League First Team Defensive Tackle | Tim Foley | Oklahoma City |
| All-League First Team Inside Linebacker | Bryce Erickson | Norfolk |
| All-League First Team Outside Linebacker | Daryl Erickson | Little Rock |
| All-League First Team Outside Linebacker | Darrell Flagg | Wichita |
| All-League First Team Cornerback | Bart Kirk | El Paso |
| All-League First Team Cornerback | Toby Hutton | Syracuse |
| All-League First Team Safety | Jake Wynn | Oklahoma City |
| All-League First Team Safety | Bart Blackwell | Salt Lake City |
| All-League Second Team Quarterback | Freddie Ginsberg | Honolulu |
| All-League Second Team Running Back | Blaine Besbeas | Tucson |
| All-League Second Team Fullback | Toby Houston | Toledo |
| All-League Second Team Tight End | Rico Pichardo | Charleston |
| All-League Second Team Wide Receiver | Louis Palmer | El Paso |
| All-League Second Team Wide Receiver | Ben Word | Austin |
| All-League Second Team Center | Roosevelt Woodson | Fresno |
| All-League Second Team Offensive Guard | Percy Nichols | Honolulu |
| All-League Second Team Offensive Guard | Chester Conway | Fresno |
| All-League Second Team Offensive Tackle | Dustin Sevcik | Charleston |
| All-League Second Team Offensive Tackle | Ted Rodriguez | Columbus (OH) |
| All-League Second Team Punter | Devin Green | San Antonio |
| All-League Second Team Kicker | Dean Vaughn | Fresno |
| All-League Second Team Defensive End | Herman Gomez | Syracuse |
| All-League Second Team Defensive End | Brandon Hernandez | Birmingham |
| All-League Second Team Defensive Tackle | Larry Tyler | Providence |
| All-League Second Team Defensive Tackle | Ian Van Pelt | Memphis |
| All-League Second Team Inside Linebacker | Freddie Von Hagel | San Antonio |
| All-League Second Team Outside Linebacker | Tyrell Checkovich | Hartford |
| All-League Second Team Outside Linebacker | Chris Hoffman | El Paso |
| All-League Second Team Cornerback | Spencer Churchill | Norfolk |
| All-League Second Team Cornerback | Darnell Mitchell | Tulsa |
| All-League Second Team Safety | Nick Loucks | Albuquerque |
| All-League Second Team Safety | Corwin Hutchings | Tucson |
| League's Fastest Man | Louis Palmer | El Paso |
| League's Strongest Man | Tom Cox | Charleston |