The 1995–96 NCAA Division I men's basketball season concluded in the 64-team 1996 NCAA Men's Division I Basketball Tournament whose finals were held at the Continental Airlines Arena in East Rutherford, New Jersey. The Kentucky Wildcats earned their sixth national championship by defeating the Syracuse Orangemen 76–67 on April 1, 1996. They were coached by Rick Pitino and the NCAA Basketball Tournament Most Outstanding Player was Kentucky's Tony Delk.

In the 32-team 1997 National Invitation Tournament, the Nebraska Cornhuskers defeated the St. Joseph's Hawks at Madison Square Garden in New York City.

Following the season, the 1996 NCAA Men's Basketball All-American Consensus First team included Ray Allen, Marcus Camby, Tony Delk, Tim Duncan, Allen Iverson, and Kerry Kittles.

The top 25 from the pre-season AP Poll.

These schools joined new conferences for the 1995–96 season.

29 conference seasons concluded with a single-elimination tournament, with only the Big Ten Conference, Ivy League and the Pac-10 Conference choosing not to conduct conference tournaments. Conference tournament winners, with the exception of the American West Conference received an automatic bid to the NCAA Tournament.

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