| Award | Player | Team |
| Player of the Year | Hugh Greene | Bako |
| Front Office Bowl MVP | Hugh Greene | Bako |
| Coach of the Year | Marco Clinton | D.C. |
| Legend of the Game | Randall Burton | Honolulu |
| Offensive Player of the Year | Hugh Greene | Bako |
| Defensive Player of the Year | Deion McGregor | Bermuda |
| Offensive Rookie of the Year | Anthony Boyd | Cleveland |
| Defensive Rookie of the Year | Vincent Jacobs | Oakland |
| All-League First Team Quarterback | Hugh Greene | Bako |
| All-League First Team Running Back | Irv Westbrook | Syracuse |
| All-League First Team Fullback | Skip Westbrook | Anchorage |
| All-League First Team Tight End | James Schwartz | Wichita |
| All-League First Team Wide Receiver | Brett Janikowski | Tampa Bay |
| All-League First Team Wide Receiver | Sammy Dyrda | Atlantis |
| All-League First Team Center | Cornell Whipple | Texas |
| All-League First Team Offensive Guard | Harris Martin | D.C. |
| All-League First Team Offensive Guard | Kelvin Knight | Cleveland |
| All-League First Team Offensive Tackle | Antonio Shuran | Havana |
| All-League First Team Offensive Tackle | Neil Boyer | Baltimore |
| All-League First Team Punter | Luther Ramirez | Liberty |
| All-League First Team Kicker | Julio Banks | Wichita |
| All-League First Team Defensive End | Percy Covington | Texas |
| All-League First Team Defensive End | Ernest Gillespie | Havana |
| All-League First Team Defensive Tackle | Mickey Richard | New Haven |
| All-League First Team Defensive Tackle | J.T. Pineo | D.C. |
| All-League First Team Inside Linebacker | Deion Panos | Los Angeles |
| All-League First Team Outside Linebacker | Deion McGregor | Bermuda |
| All-League First Team Outside Linebacker | Riddick Gill | Chicago |
| All-League First Team Cornerback | Fred Malone | Oakland |
| All-League First Team Cornerback | Adam Lawless | Cleveland |
| All-League First Team Safety | Joel Alston | Baltimore |
| All-League First Team Safety | Harvey Corbett | D.C. |
| All-League Second Team Quarterback | Lee Thornton | D.C. |
| All-League Second Team Running Back | Zach McConnell | Seattle |
| All-League Second Team Fullback | Lenny Riazi | Wichita |
| All-League Second Team Tight End | Carl Marsh | Memphis |
| All-League Second Team Wide Receiver | Randal Irwin | Anchorage |
| All-League Second Team Wide Receiver | Robert Kroll | Bako |
| All-League Second Team Center | Cornell Fulton | Chicago |
| All-League Second Team Offensive Guard | Trevor Reid | Tampa Bay |
| All-League Second Team Offensive Guard | Julio Hawkins | Wichita |
| All-League Second Team Offensive Tackle | Trent Bouie | Syracuse |
| All-League Second Team Offensive Tackle | William Fletcher | New York |
| All-League Second Team Punter | Corwin Hanks | Oakland |
| All-League Second Team Kicker | Sherman Frederick | D.C. |
| All-League Second Team Defensive End | Roderick Jarman | Syracuse |
| All-League Second Team Defensive End | Stanley Lane | Dixie |
| All-League Second Team Defensive Tackle | Sedrick Dunn | Atlantis |
| All-League Second Team Defensive Tackle | Tim Hurd | Texas |
| All-League Second Team Inside Linebacker | Alex Everett | San Diego |
| All-League Second Team Outside Linebacker | Stanley Palmer | New York |
| All-League Second Team Outside Linebacker | Jerald Healy | MAC |
| All-League Second Team Cornerback | Edwin Bridges | Bako |
| All-League Second Team Cornerback | Kelvin Keys | Buffalo |
| All-League Second Team Safety | Broderick Wolfe | Tampa Bay |
| All-League Second Team Safety | Bill Fisher | Atlantis |
| League's Fastest Man | Marvin Robinson | Syracuse |
| League's Strongest Man | Antonio Shuran | Havana |