42 states and three territories participated from June 23-26. Florida defeated second-place South Carolina by five points in the championship game.
- The winning team members were awarded $2500 scholarships. Second-place players got $1500 scholarships, and third-place team members $500.
- Members of the All-America Team received $2000 scholarships and IBM computers, sponsored by IBM.
- At the awards banquet, participants remembered Tim Cameron, who had been selected for the Hudson's Bay team but died a month before the tournament in a hiking accident.
- Lawson Fite became the second player in the tournament's history to win a second "All-American" award. He would win a third award in 1996.
As in the previous three years, students at the tournament were polled about current issues. 42% wished to see Bill Clinton lose the 1996 Presidential election, with 31% wanting his re-election. 56% said talk radio might influence listeners to commit acts of extremism.