Players were nominated for these awards by the Sports Information Directors at the various schools.
Player of the Year: Kent Raymond, Wheaton (Ill.)
Coach of the Year: Mark Edwards, Washington U.
First team
| Pos. | Player | School | Yr. | Hometown |
| G | Kent Raymond | Wheaton (Ill.) | So. | New Palestine, Ind. |
| G | Nathan Drury | Carroll | Sr. | Littleton, Colo. |
| F | Larry Welton | Aurora | Jr. | Chicago, Ill. |
| F | Troy Ruths | Washington U. | Jr. | Sugar Land, Texas |
| C | Zach Freeman | Illinois Wesleyan | Sr. | Bloomington, Ill. |
Second team
| Pos. | Player | School | Yr. | Hometown |
| G | Sean Wallis | Washington U. | So. | Northbrook, Ill. |
| G | John Grotberg | Grinnell | So. | Ann Arbor, Mich. |
| F | Dan Walton | North Central | Sr. | Carol Stream, Ill. |
| F | Chris Tarpley | Eureka | Sr. | Pekin, Ill. |
| C | Brian Schmitting | Ripon | Sr. | Hilbert, Wis. |
Third team
| Pos. | Player | School | Yr. | Hometown |
| G | Chris DeMarco | Edgewood | So. | Appleton, Wis. |
| G | Drew Wessels | Augustana | Sr. | Bettendorf, Iowa |
| F | Brent Ruch | Elmhurst | So. | Farmer City, Ill. |
| F | Charlie Averkamp | Edgewood | Jr. | New Berlin, Wis. |
| F | Nate Hainje | Chicago | Jr. | Brownsburg, Ind. |