In its third and final year under head coach Bill Saunders, the team compiled a 6–1–2 record (6–1 against RMC opponents), finished in a three-way tie for the conference championship, and outscored all opponents by a total of 167 to 40.
[3] On October 27, 1934, Lam rushed for 232 yards against Colorado Agricultural, a total that remained a school record for 20 years.
[5] In November 1934, the school adopted the nickname "Buffaloes" for its football team.
The name was selected as part of a contest conducted by the school's student newspaper.
Andrew J. Dickson was credited with submitting the winning name.