After the massive influx of the previous season, there were fewer changes but still some movement.
1994 FCS Over FBS Victories (10)
- Northern Iowa @ Iowa State, 28-14
- Nevada @ Boise State, 37-27
- Idaho @ UNLV, 48-38
- Troy @ Louisiana, 39-20
- Central Florida @ Louisiana-Monroe, 33-16
- Kent State @ Youngstown State, 28-14
- Jacksonville State @ Louisiana-Monroe, 32-28
- Akron @ Youngstown State, 41-7
- Eastern Washington @ Utah State, 49-31
- Boston University @ Army, 21-12
There were no ties between I-A and I-AA teams in the 1994 season.
Youngstown State (14-0-1 Overall as I-AA Independent) made their fourth consecutive I-AA championship game and capture their third title with a 28-14 win over Boise State (13-2 Overall, 6-1 Big Sky Conference).
There were no conference changes that took place prior to the 1994 season.
A few changes occurred after the mega shift prior to the 1993 season. UC Davis was already a Division II member but was part of the I-AA American West Conference. For the 1993 season, they moved to Division II Independent status.
Louisiana-Monroe (then called Northeast Louisiana) moved from the Southland Conference to I-A independent status. Jacksonville State was in its second year of transition to the I-AA level. Two programs moved from being I-AA independent to the MAAC: Duquesne and Marist. Robert Morris started their program as an I-AA independent team.
The I-AA Playoffs maintained the same format for the ninth and final season with 16 teams, the top four teams were seeded, and campus sites were used through the semifinals. The title game was played on December 17 at Marshall University Stadium in Huntington, West Virginia for the third consecutive season.