- July
- Demetris Bendross KR (OTT)
- Reggie Hunt LB (SSK)
- Andrew Greene OG (SSK)
- Anthony Calvillo QB (MTL)
- August
- Dave Dickenson QB (BC)
- Brian Clark LB (WPG)
- Daved Benefield DE (WPG)
- Keith Stokes KR (MTL)
- September
- Ray Jacobs DE (BC)
- Craig Yeast KR (HAM)
- Barron Miles DB (MTL)
- Ricky Ray QB (EDM)
- October
- Eric England DT (TOR)
- Robert Grant DB (EDM)
- Bashir Levingston KR (TOR)
- Charles Roberts RB (WPG)
2003 Grey Cup Most Valuable Players
- Grey Cup Most Valuable Player — Jason Tucker (EDM)
- Grey Cup Most Valuable Canadian Player — Ben Cahoon (MTL)
2003 Most Outstanding Players
- Player — Anthony Calvillo (MTL)
- Defensive Player — Joe Fleming (CGY)
- Offensive Lineman — Andrew Greene (SSK)
- Canadian Player — Ben Cahoon (MTL)
- Rookie — Frank Cutolo (BC)
- Special Teams Player — Bashir Levingston (TOR)
Other 2003 Awards
- Commissioner's Award — Kelvin Kirk
- Tom Pate Memorial Award — Steve Hardin (BC)