At the main menu, select My NCAA and then select Pennant Collection. At the Pennant Collection screen, press Select (for PS2) to enter the Keyboard Popup screen and then enter the following passwords to unlock the corresponding cheats. If you entered the cheat correctly, you'll see a confirming message onscreen.
Passwords are case-sensitive. A "_"indicates a blank space.

2004 All-Americans: Fumble
All-Alabama: Roll_Tide
All-Auburn: War_Eagle
All-Clemson: Death_Valley
All-Colorado: Glory
All-Florida: Great_To_Be
All-FSU: Uprising
All-Iowa: On_Iowa
All-Kansas State: Victory
All-Miami: Raising_Cane
All-Michigan: Go_Blue
All-Mississippi: Hail_State
All-Nebraska: Go_Big_Red
All-North Carolina: Rah_Rah
All-Notre Dame: Golden_Domer
All-Ohio State: Killer_Nuts
All-Oklahoma: Boomer
All-Oklahoma State: Go_Pokes
All-Oregon: Quack_Attack
All-Penn State: We_Are
All-Pittsburgh: Lets_Go_Pitt
All-Purdue: Boiler_Up
All-Syracuse: Orange_Crush
All-Tennessee: Big_Orange
All-Texas: Hook_Em
All-Texas A&M: Gig_Em
All-USC: Fight_On
All-Virginia Tech: Tech_Triumph
All-Washington: Bow_Down
Baylor: Sic_Em
Texas Tech: Fight

ARK Mascot: Bear_Down
KU Mascot: Rock_Chalk
MINN Mascot: Rah_Rah_Rah
MIZZOU Mascot: Mizzou_Rah
MSU Mascot: Go_Green
NCSU Mascot: Go_Packs
NU Mascot: Go_Cats
UK Mascot: On_On_UK
Wake Mascot: Go_Deacs_Go
WSU Mascot: All_Hail

1st & 15: Thanks
Blink: For
Boing: Registering
Cross the Line: Tiburon
Cuffed: Ea_Sports
Extra Credit: Touchdown
Jumbalaya: Heisman
QB Dud: Elite_11
Stiffed: Ncaa
Take Your Time: Football
What a Hit: Blitz