That includes all the walk-ons, including the late, great Bobby Satterfield.
The scholarship limit was 95 then. It changed to 85 in 1992.
Holtz was still digging out of a hole then. He lost 6 of his seven leading tacklers going into 1987, and then lost Stonebreaker as well. Going into 1988, he had to replace his entire offensive and defensive lines as well as numerous other positions. When he took over in 1986, he had more QBs than defensive linemen.