The 1934 New Mexico Lobos football team represented the University of New Mexico as a member of the Border Conference during the 1934 college football season. In their first season under head coach Gwinn Henry, the Lobos compiled an overall record of 8–1 record with a mark of 3–1 against conference opponents, placing second in the Border Conference, and outscored all opponents by a total of 251 to 73.^[2][3] Guyton Hays was the team captain.^[3]

Schedule

Date	Opponent	Site	Result	Attendance	Source
September 29	New Mexico Normal*	University Field Albuquerque, NM	W 76–7		[4]
October 6	Arizona State–Flagstaff	University Field Albuquerque, NM	W 33–6	4,000	[5]
October 13	at Texas Mines*	Kidd Field El Paso, TX	W 21–15	3,500	[6]
October 20	at Arizona State	Irish Field Tempe, AZ	W 18–12		[7]
October 27	New Mexico Military*	University Field Albuquerque, NM	W 26–7		[8]
November 3	at Arizona	Arizona Stadium Tucson, AZ (rivalry)	L 6–14		[9]
November 12	Silver City Teachers*	University Field Albuquerque, NM	W 26–0	4,000	[10]
November 17	New Mexico A&M	University Field Albuquerque, NM (rivalry)	W 12–6	4,500	[11]
November 29	Colorado College*	University Field Albuquerque, NM	W 33–6	3,900	[12]
*Non-conference game Homecoming