CitePlayers of the Year
| Tom Gola, La Salle | UPI |
| Bill Russell, San Francisco | Helms |
| NIT Tournament (12 teams) | 1955 College Basketball Recap | Coach of the Year |
See also:
| Tom Gola, La Salle | UPI |
| Bill Russell, San Francisco | Helms |
| NIT Tournament (12 teams) | 1955 College Basketball Recap | Coach of the Year |