The 1968 Troy State Red Wave football team represented Troy State University as a member of the Alabama Collegiate Conference (ACC) during the 1968 NAIA football season.

Led by second-year head coach Billy Atkins, the Red Wave finished the season with an 11–1 record and advanced to the NAIA playoffs.

Troy State defeated Texas A&I, 43–35, in the NAIA National Championship Game to secure the program's first national championship.

[1] The Red Wave played their home games at Veterans Memorial Stadium in Troy, Alabama.

This college football 1960s season article is a stub.