A tailback at 230 pounds with 4.7[1] speed in the 40-yard dash, Stephenson established himself as a leading rusher in Canadian University Football.
In his very first game in the CIS and on his very first carry, Stephenson took a hand off 49 yards up the middle and scored a touchdown in the Lancers season opening 30–28 victory over Queen's.
Stephenson also captured his second straight CIS rushing title with 1,140 yards, helping the Lancer Football squad to a 6–2 record and a top ten ranking in Canada.
[2] In 2007, Stephenson played in parts of only four games due to injuries and still ranked fifth in the province and eighth in the nation with a rushing total of 764 yards.
[4] On September 13, 2008, Stephenson became the all-time leading rusher in CIS history by surpassing Dominic Zagari of the University of Manitoba's record of 4738 yards set from 1991 to 1995.
Stephenson avoided free agency by re-signing with the Tiger-Cats on February 6, 2013, but was released following the team's first preseason game on June 17, 2013.