| 3–8 (1–7 ACC)|
| Atlantic Coast Conference|
Jim Caldwell (2nd year)
1994 Wake Forest Demon Deacons football team Wikipedia
The 1994 Wake Forest Demon Deacons football team was an American football team that represented Wake Forest University during the 1994 NCAA Division I-A football season. In their second season under head coach Jim Caldwell, the Demon Deacons compiled a 3–8 record and finished in eighth place in the Atlantic Coast Conference.