1994–95 Belarusian First League was the fourth season of 2nd level football championship in Belarus.
They were replaced by the last placed team of 1993–94 Premier League (Stroitel Starye Dorogi).
MPKC Mozyr won the tournament and were promoted to the Premier League, as were runners-up Ataka-Aura Minsk.
ZLiN Gomel, AFViS-RShVSM Minsk and Stroitel Vitebsk, who finished 14th, 15th and 16th respectively, relegated to the Second League.
Santanas Samokhvalovichi, who finished 8th, withdrew to the amateur level after the season due to financial troubles.