The NCAA Division I players cited most frequently by the following All-America selectors: AP, U.S. Basketball Writers, National Assn. of Basketball Coaches and UPI. There were no holdovers from the 1994-95 first team; (*) indicates unanimous first team selection.
First Team
| | Class | Hgt | Pos |
|---|
| Marcus Camby, Massachusetts* | Jr. | 6-11 | C |
| Ray Allen, Connecticut* | Jr. | 6-5 | G/F |
| Tim Duncan, Wake Forest* | Jr. | 6-10 | C |
| Allen Iverson, Georgetown* | So. | 6-1 | G |
| Tony Delk, Kentucky | Sr. | 6-2 | G |
Second Team
| | Class | Hgt | Pos |
|---|
| Kerry Kittles, Villanova | Sr. | 6-5 | G |
| Danny Fortson, Cincinnati | So. | 6-7 | F |
| Keith Van Horn, Utah | Jr. | 6-9 | C |
| Jacque Vaughn, Kansas | Jr. | 6-1 | G |
| John Wallace, Syracuse | Sr. | 6-8 | F |
Third Team
| | Class | Hgt | Pos |
|---|
| Lorenzen Wright, Memphis | So. | 6-11 | C |
| Brian Evans, Indiana | Sr. | 6-8 | F |
| Jason Sasser, Texas Tech | Sr. | 6-7 | F |
| Stephon Marbury, Georgia Tech | Fr. | 6-1 | G |
| Shareef Abdur-Rahim, California | Fr. | 6-10 | F |