Sixteen teams participated, and Rutgers University was crowned champion of the tournament.

[1] The host site for the Final Four was The Palestra on the University of Pennsylvania campus in Philadelphia.

Only three top 20 teams appeared in the AIAW tournament: Texas, Rutgers and Villanova.

[2] Sports Illustrated wrote at the time: "With the NCAA staging women's championships this year for the first time, the AIAW, the 11-year-old organization that put women's college sports on the map, finds itself barely clinging to life.

So many of its members have fled to the NCAA that the AIAW's only realistic hope for survival is its pending antitrust suit against the NCAA in U.S. District Court in Washington, D.C."[2] This proved to be the final AIAW basketball tournament.