|1994 Thrifty Car Rental Holiday Bowl|
|Date||December 30, 1994|
|Stadium||Jack Murphy Stadium|
|Location||San Diego, California|
|MVP||Offensive: Todd Collins (Michigan)|
Defensive: Matt Dyson (Michigan)
|Halftime show||Marching bands|
|Payout||US$1,700,000 per team|
|United States TV coverage|
|Announcers||Brad Nessler and Gary Danielson|
The 1994 Holiday Bowl was a college football bowl game played December 30, 1994, in San Diego, California. It was part of the 1994 NCAA Division I-A football season. It featured the tenth ranked Colorado State Rams, and the Michigan Wolverines. This game was notable because Michigan, had earlier lost to CSU's in-state rivals the Colorado Buffaloes on a hail mary pass, and was looking to defeat at least one Colorado school.
- Michigan - Toomer, four-yard pass from Collins (Hamilton kick)
- Colorado State - Turner, 32-yard pass from Hill (McDougal kick)
- Michigan - Hamilton, 34-yard field goal
- Michigan - Hayes, 16-yard pass from Collins Hamilton kick)
- Michigan - Wheatley, three-yard run (Hamilton kick)
- Colorado State - Burkett, 18-yard pass from Hill (McDougal kick)
In the first quarter, Michigan quarterback Todd Collins threw a 4-yard touchdown pass to wide receiver Amani Toomer, giving the Wolverines a 7-0 lead. Colorado State answered with a 32-yard touchdown pass from quarterback Anthoney Hill to wide receiver Paul Turner to tie the game at 7. All-American kicker Remy Hamilton kicked a 34-yard field goal on Michigan's next drive, as they took a 10-7 lead into the second quarter.
In the second quarter, Todd Collins threw a 16-yard touchdown pass to Mercury Hayes as Michigan took a 17-7 lead. That score would hold up until the third quarter. In the third quarter, running back Tyrone Wheatley scored on a 3-yard touchdown run giving Michigan a 24-7 lead. In the fourth quarter, Colorado State got an 18-yard touchdown pass from Anthoney Hill, as they closed the margin to 24-14. 
- "Holiday Bowl Game History". Archived from the original on 2008-05-17. Retrieved 2008-05-22.