The 1987 Lafayette Leopards football team was an American football team that represented Lafayette College during the 1987 NCAA Division I-AA football season. Lafayette finished fourth in the Colonial League.

In their seventh year under head coach Bill Russo, the Leopards compiled a 4–7 record.^[1] Jim Johnson and Dave MacPhee were the team captains.^[2]

Despite posting a losing record, the Leopards outscored opponents 264 to 257. Lafayette's 2–3 conference record placed fourth in the six-team Colonial League standings.^[3]

Lafayette played its home games at Fisher Field on College Hill in Easton, Pennsylvania.

Date	Opponent	Site	Result	Attendance	Source
September 12	Kutztown*	Fisher Field Easton, PA	W 29–17		[1]
September 19	at No. 2 Holy Cross	Fitton Field Worcester, MA	L 11–40	10,651	[4]
September 26	Columbia*	Fisher Field Easton, PA	W 38–7	9,100	[5]
October 3	at Cornell*	Schoellkopf Field Ithaca, NY	L 12–17	9,000	[6]
October 10	Bucknell	Fisher Field Easton, PA	W 42–21	10,700	[7]
October 17	Davidson	Fisher Field Easton, PA	W 38–10	2,200	[8]
October 24	at No. 8 New Hampshire*	Cowell Stadium Durham, NH	L 19–21	8,455	[9]
October 31	Colgate	Fisher Field Easton, PA	L 14–35	6,700	[10]
November 7	Penn*	Fisher Field Easton, PA	L 14–23	5,200	[11]
November 14	at Army*	Michie Stadium West Point, NY	L 37–49	37,195	[12]
November 21	at Lehigh	Taylor Stadium Bethlehem, PA (The Rivalry)	L 10–17	17,000	[13]
*Non-conference game Homecoming Rankings from NCAA Division I-AA Football Committee Poll released prior to the game