| RANK | SCHOOL | RECORD | PREVIOUS |
|---|---|---|---|
| 1 | Oregon | 12-0 | 1 |
| 2 | Texas | 11-1 | 3 |
| 3 | Penn State | 11-1 | 4 |
| 4 | Notre Dame | 11-1 | 5 |
| 5 | Georgia | 10-2 | 7 |
| 6 | Ohio State | 10-2 | 2 |
| 7 | Tennessee | 10-2 | 8 |
| 8 | SMU | 11-1 | 9 |
| 9 | Indiana | 11-1 | 10 |
| 10 | Boise State | 11-1 | 11 |
| 11 | Alabama | 9-3 | 13 |
| 12 | Miami | 10-2 | 6 |
| 13 | Ole Miss | 9-3 | 14 |
| 14 | South Carolina | 9-3 | 15 |
| 15 | Arizona State | 10-2 | 16 |
| 16 | Iowa State | 10-2 | 18 |
| 17 | Clemson | 9-3 | 12 |
| 18 | BYU | 10-2 | 19 |
| 19 | Missouri | 9-3 | 21 |
| 20 | UNLV | 10-2 | 22 |
| 21 | Illinois | 9-3 | 23 |
| 22 | Syracuse | 9-3 | NR |
| 23 | Colorado | 9-3 | 25 |
| 24 | Army | 10-1 | NR |
| 25 | Memphis | 10-2 | NR |
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