| Award | Player | Team |
| Player of the Year | Joe Bramlett | Liberty |
| Front Office Bowl MVP | Lawrence Wayne | Havana |
| Coach of the Year | Leroy Lester | Honolulu |
| Legend of the Game | Kendyl Benton | Michigan |
| Offensive Player of the Year | Joel White | Winnipeg |
| Defensive Player of the Year | Wes Davis | Syracuse |
| Offensive Rookie of the Year | Jimmy Torres | Texas |
| Defensive Rookie of the Year | Pat Christianson | Memphis |
| All-League First Team Quarterback | Lawrence Wayne | Havana |
| All-League First Team Running Back | Joel White | Winnipeg |
| All-League First Team Fullback | Lionel Oswald | Oakland |
| All-League First Team Tight End | Sammy D'Eramo | Utah |
| All-League First Team Wide Receiver | Greg McSorley | Baltimore |
| All-League First Team Wide Receiver | Donovan Corgan | Dixie |
| All-League First Team Center | Joe Mull | Winnipeg |
| All-League First Team Offensive Guard | Randy Everett | Winnipeg |
| All-League First Team Offensive Guard | Alonzo Humble | Atlantic City |
| All-League First Team Offensive Tackle | Andrew Prigge | Winnipeg |
| All-League First Team Offensive Tackle | Bobby Neptune | Chicago |
| All-League First Team Punter | Harris Davidson | Tampa Bay |
| All-League First Team Kicker | F.G. Pat | Atlantic City |
| All-League First Team Defensive End | Steve Lattimer | West Virginia |
| All-League First Team Defensive End | Butch Burnett | Utah |
| All-League First Team Defensive Tackle | Grant Bates | Buffalo |
| All-League First Team Defensive Tackle | Cornell Ryner | Honolulu |
| All-League First Team Inside Linebacker | Luther Lavay | West Virginia |
| All-League First Team Outside Linebacker | Myron Bronson | Cleveland |
| All-League First Team Outside Linebacker | Trent Gonzalez | Baltimore |
| All-League First Team Cornerback | Neal Routzahn | Oakland |
| All-League First Team Cornerback | Albert Andersen | Havana |
| All-League First Team Safety | Wes Davis | Syracuse |
| All-League First Team Safety | Blake Strickland | Los Angeles |
| All-League Second Team Quarterback | Ross Ashley | New York |
| All-League Second Team Running Back | Eddie Adams | New York |
| All-League Second Team Fullback | Edwin Jennings | Northridge |
| All-League Second Team Tight End | Preston Thornton | Honolulu |
| All-League Second Team Wide Receiver | Alonzo Lolicht | Cleveland |
| All-League Second Team Wide Receiver | Matthew Nicoloro | Tampa Bay |
| All-League Second Team Center | Sean Patrick | Liberty |
| All-League Second Team Offensive Guard | Louis Talamaivao | Bako |
| All-League Second Team Offensive Guard | Otis Aspel | Toledo |
| All-League Second Team Offensive Tackle | Morris Joyner | Honolulu |
| All-League Second Team Offensive Tackle | Ken Palagonia | Buffalo |
| All-League Second Team Punter | Preston Abrams | Buffalo |
| All-League Second Team Kicker | Billy Hiller | Northridge |
| All-League Second Team Defensive End | Casey Willis | Liberty |
| All-League Second Team Defensive End | Willie Page | Bermuda |
| All-League Second Team Defensive Tackle | Richie Fitzgerald | Dixie |
| All-League Second Team Defensive Tackle | Joel Sutter | Anchorage |
| All-League Second Team Inside Linebacker | Josh Stephens | Bako |
| All-League Second Team Outside Linebacker | Claude Vertescher | Michigan |
| All-League Second Team Outside Linebacker | Julio Blair | San Diego |
| All-League Second Team Cornerback | Zach Rhoden | Syracuse |
| All-League Second Team Cornerback | Rick Soria | Los Angeles |
| All-League Second Team Safety | Ralph Shillingford | Baltimore |
| All-League Second Team Safety | Todd Beyer | MAC |
| League's Fastest Man | Alonzo Lolicht | Cleveland |
| League's Strongest Man | Otis Aspel | Toledo |