Notable alumni include: Dayton has won two national championships, both during their tenure in Division III.

Dayton has made five appearances in the NCAA Division III National Championship Game, also known as the Stagg Bowl.

The Flyers were unsuccessful in three other championship game appearances, losing 17–10 to Widener in 1981, 19–3 to Wagner in 1987, and 34–20 to Ithaca in 1991.

The Sports Network Cup was a way of determining the best mid major team in Division I FCS, with first place votes determining the winner between teams from the Pioneer Football League, the Northeast Conference, and the Metro Atlantic Athletic Conference.

The Flyers made eleven appearances in the NCAA Division III football playoffs.