| Host school | Jose Rizal College |
|---|---|
| Men's tournament | |
| Champions |  San Sebastian Stags |
| First runner-up |  PHCR Altas |
| Winning coach | Francis Rodriguez |
| Juniors' tournament | |
| Champions |  San Beda Red Cubs |
| First runner-up |  JRC Light Bombers |
| Winning coach | Ato Badolato |
The 1988 NCAA basketball tournaments were the 64th year of the National Collegiate Athletic Association (Philippines)' basketball tournaments. The San Sebastian Stags won both rounds of elimination, becoming outright champions of the seniors' division; the San Beda Red Cubs also won both rounds in the juniors' division, with the JRC Light Bombers coming in second.