Faulk left San Diego State with many of the school's offensive records, among them 5,562 all-purpose yards and 62 career touchdowns, which is the 8th most in NCAA history. After his 1992 season at SDSU, Faulk finished second in the Heisman Trophy award, losing to quarterback Gino Torretta in what was considered a notable snub in the history of the award Torretta's Miami Hurricanes had again gone undefeated in the regular season and was ranked No. 1 in the country before the Heisman balloting, Faulk's team finished with a middling 5–5–1 record, continuing a trend of the Heisman going to the most notable player on one of the nation's best teams. He was a Heisman finalist as well in 1991 (9th) and 1993 (4th). With a year of eligibility remaining, Faulk declared for the NFL draft and was the second overall selection in April 1994. He went on to make 7 Pro Bowls and win three NFL Offensive Player of the Year awards during his NFL career. In 2017, he was enshrined to the College Football Hall of Fame.