| Year: | 1988 |
| Team: | Stephen F. Austin Lumberjacks |
| Sport: | football |
| Conference: | Southland Conference |
| Short Conf: | Southland |
| Record: | 10–3 |
| Conf Record: | 5–1 |
| Head Coach: | Jim Hess |
| Hc Year: | 7th |
| Stadium: | Homer Bryce Stadium |
| Bowl: | Division I-AA quarterfinals |
| Bowl Result: | L 6–27 vs. Georgia Southern |
The 1988 Stephen F. Austin Lumberjacks football team was an American football team that represented Stephen F. Austin State University as a member of the Southland Conference during the 1988 NCAA Division I-AA football season. In their seventh year under head coach Jim Hess, the team compiled an overall record of 10–3, with a mark of 5–1 in conference play, and finished second in the Southland. After they defeated Jackson State in the first round, the Lumberjacks lost to Georgia Southern in the Division I-AA quarterfinals.