The 1992 Indiana State Sycamores football team represented Indiana State University as a member of the Gateway Football Conference (GFC) during the 1992 NCAA Division I-AA football season. The team was led by 13th-year head coach Dennis Raetz and played their home games at Memorial Stadium in Terre Haute, Indiana. The Sycamores finished the season with a 4–7 record overall and a 2–4 record in conference play.
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