| # | Change | Team |
|---|---|---|
| 1 | — | Alabama (12-0) |
| 2 | — | Ohio State (11-1) |
| 3 | Up 1 | Clemson (11-1) |
| 4 | Up 1 | Washington (11-1) |
| 5 | Down 2 | Michigan (10-2) |
| 6 | — | Wisconsin (10-2) |
| 7 | Up 1 | Penn State (10-2) |
| 8 | Down 1 | Oklahoma (9-2) |
| 9 | — | Colorado (10-2) |
| 10 | — | Oklahoma State (9-2) |
| 11 | — | USC (9-3) |
| 12 | Up 1 | Florida State (9-3) |
| 13 | Up 2 | Western Michigan (12-0) |
| 14 | Up 5 | West Virginia (9-2) |
| 15 | Down 3 | Louisville (9-3) |
| 16 | — | Auburn (8-4) |
| 17 | Down 3 | Florida (8-3) |
| 18 | Up 7 | Stanford (9-3) |
| 19 | NEW | Virginia Tech (9-3) |
| 20 | NEW | Navy (9-2) |
| 21 | NEW | LSU (7-4) |
| 22 | NEW | Iowa (8-4) |
| 23 | NEW | USF (10-2) |
| 24 | Down 1 | Washington State (8-4) |
| 25 | NEW | Pitt (8-4) |
Dropped Out:#17 Nebraska, #18 Texas A&M, #20 Boise State, #21 Houston, #22 Utah, #24 North Carolina,
Others Considered: Nebraska, Boise State, Houston, Tennessee, Temple, Utah
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