The 1954 College Football All-America team is composed of college football players who were selected as All-Americans by various organizations and writers that chose College Football All-America Teams in 1954. The eight selectors recognized by the NCAA as "official" for the 1954 season are (1) the All-America Board (AAB), (2) the American Football Coaches Association (AFCA), (3) the Associated Press (AP), (4) the Football Writers Association of America (FWAA), (5) the International News Service (INS), (6) the Newspaper Enterprise Association (NEA), (7) the Sporting News (SN), and (8) the United Press (UP).
Wisconsin's fullback Alan Ameche won the Heisman Trophy in 1954 as the best player in college football and was a unanimous first-team selection by all eight official selectors. Three other players were unanimous choices among the official selectors: Notre Dame's quarterback Ralph Guglielmi; Ohio State's halfback Howard "Hopalong" Cassidy; and Arkansas' guard Bud Brooks.