| Year Game Played: | 1994 |
| Game Name: | Hall of Fame Bowl |
| Subheader: | 8th Hall of Fame Bowl |
| Football Season: | 1993 |
| Visitor Name Short: | Michigan |
| Visitor Nickname: | Wolverines |
| Visitor School: | University of Michigan |
| Home Name Short: | NC State |
| Home Nickname: | Wolfpack |
| Home School: | North Carolina State University |
| Visitor Record: | 7 - 4 |
| Visitor Conference: | Big Ten |
| Home Record: | 7 - 4 |
| Home Conference: | ACC |
| Visitor Coach: | Gary Moeller |
| Home Coach: | Mike O'Cain |
| Visitor Rank Ap: | 23 |
| Visitor Rank Coaches: | 22 |
| Visitor Rank Bowlcoalition: | 23 |
| Visitor 1Q: | 0 |
| Visitor 2Q: | 21 |
| Visitor 3Q: | 21 |
| Visitor 4Q: | 0 |
| Home 1Q: | 0 |
| Home 2Q: | 0 |
| Home 3Q: | 7 |
| Home 4Q: | 0 |
| Date Game Played: | January 1 |
| Stadium: | Tampa Stadium |
| City: | Tampa, Florida |
| Mvp: | Tyrone Wheatley (Michigan RB) |
| Referee: | Richard Burleson (SEC) |
| Attendance: | 52,649 |
| Us Network: | ESPN |
| Us Announcers Link: | List of announcers of major college bowl games |
| Us Announcers: | Ron Franklin, Mike Gottfried, Jerry Punch |
The 1994 Hall of Fame Bowl featured the 23rd-ranked Michigan Wolverines, and the unranked NC State Wolfpack. It was the eighth edition of the Hall of Fame Bowl.
After a scoreless first quarter, Michigan's Tyrone Wheatley scored on a 26-yard rushing touchdown, and Michigan led 7–0. Derrick Alexander returned a punt 79 yards for a touchdown, making it 14–0. Quarterback Todd Collins threw a 31-yard touchdown pass to Amani Toomer, making the score Michigan 21, NC State 0 at halftime.
In the third quarter, Michigan returned an interception 43 yards for a touchdown to lead 28–0. Tyrone Wheatley added an 18-yard touchdown run to make it 35–0. NC State got its only touchdown on a 12-yard touchdown pass, making it 35–7. Michigan closed the scoring with a 16-yard touchdown run by Powers, making the final score 42–7.