| Rk | Team | Record | Rating | Conference | |
|---|---|---|---|---|---|
| 1 | Alabama | (10-0-0) | 0.7539 | Southeastern | |
| 2 | Navy | (8-1-0) | 0.7271 | Independent | |
| 3 | Minnesota | (8-0-0) | 0.7186 | Big Ten | |
| 4 | Pittsburgh | (8-1-0) | 0.7049 | Independent | |
| 5 | Texas | (7-2-1) | 0.6688 | Southwest | |
| 6 | Rice | (9-1-1) | 0.6631 | Southwest | |
| 7 | Tennessee | (8-2-0) | 0.6381 | Southeastern | |
| 8 | Tulane | (10-1-0) | 0.6282 | Southeastern | |
| 9 | Louisiana State | (7-2-2) | 0.5922 | Southeastern | |
| 10 | Illinois | (7-1-0) | 0.5907 | Big Ten | |
| 11 | Ohio State | (7-1-0) | 0.5730 | Big Ten | |
| 12 | Columbia | (7-1-0) | 0.5583 | Independent | |
| 13 | Stanford | (9-1-1) | 0.5509 | Pacific Coast | |
| 14 | Southern Methodist | (8-2-2) | 0.5407 | Southwest | |
| 15 | Notre Dame | (6-3-0) | 0.5377 | Independent | |
| 16 | Colgate | (7-1-0) | 0.5340 | Independent | |
| 17 | St. Mary's | (7-2-0) | 0.5071 | Independent | |
| 18 | North Carolina | (7-1-1) | 0.5042 | Southern | |
| 19 | Centenary | (10-2-0) | 0.4901 | Independent | |
| 20 | Texas Christian | (8-4-0) | 0.4733 | Southwest | |
| 21 | Michigan State | (8-1-0) | 0.4704 | Independent | |
| 22 | Temple | (7-1-2) | 0.4679 | Independent | |
| 23 | Tulsa | (5-2-1) | 0.4493 | Independent | |
| 24 | Purdue | (5-3-0) | 0.4468 | Big Ten | |
| 25 | Washington | (6-1-1) | 0.4391 | Pacific Coast | |
| 26 | Santa Clara | (7-2-1) | 0.4297 | Independent | |
| 27 | Colorado State | (6-2-1) | 0.4229 | Rocky Mountain | |
| 28 | Fordham | (5-3-0) | 0.4177 | Independent | |
| 29 | Syracuse | (6-2-0) | 0.4161 | Independent | |
| 30 | Georgia | (7-3-0) | 0.4154 | Southeastern | |
| 31 | Colorado | (6-1-2) | 0.4099 | Rocky Mountain | |
| 32 | Princeton | (7-1-0) | 0.4082 | Independent | |
| 33 | Duke | (7-2-0) | 0.4027 | Southern | |
| 34 | Northern Colorado | (6-1-0) | 0.3953 | Rocky Mountain | |
| 35 | Utah State | (5-1-1) | 0.3924 | Rocky Mountain | |
| 36 | Loyola Marymount | (7-2-1) | 0.3916 | Independent | |
| 37 | Arizona | (7-2-1) | 0.3905 | Border | |
| 38 | Army | (7-3-0) | 0.3847 | Independent | |
| 39 | Yale | (5-3-0) | 0.3762 | Independent | |
| 40 | New Mexico | (8-1-0) | 0.3719 | Border | |
| 41 | Washington & Lee | (7-3-0) | 0.3705 | Southern | |
| 42 | Nebraska | (6-3-0) | 0.3648 | Big Six | |
| 43 | Kansas State | (7-2-1) | 0.3548 | Big Six | |
| 44 | Arkansas | (4-4-2) | 0.3505 | Southwest | |
| 45 | Maryland | (7-3-0) | 0.3426 | Southern | |
| 46 | Utah | (5-3-0) | 0.3393 | Rocky Mountain | |
| 47 | Vanderbilt | (6-3-0) | 0.3379 | Southeastern | |
| 48 | Oregon | (6-4-0) | 0.3337 | Pacific Coast | |
| 49 | Texas Tech | (7-2-1) | 0.3293 | Border | |
| 50 | Duquesne | (8-2-0) | 0.3251 | Independent | |
| 51 | San Francisco | (3-3-1) | 0.3223 | Independent | |
| 52 | Indiana | (3-3-2) | 0.3167 | Big Ten | |
| 53 | George Washington | (6-3-1) | 0.3132 | Independent | |
| 54 | West Virginia | (6-4-0) | 0.3128 | Independent | |
| 55 | UCLA | (7-3-0) | 0.3113 | Pacific Coast | |
| 56 | Washington State | (4-3-1) | 0.2873 | Pacific Coast | |
| 57 | Wisconsin | (4-4-0) | 0.2717 | Big Ten | |
| 58 | Richmond | (8-1-0) | 0.2682 | Independent | |
| 59 | Chicago | (4-4-0) | 0.2561 | Big Ten | |
| 60 | Bucknell | (7-2-2) | 0.2557 | Independent | |
| 61 | Oklahoma | (3-4-2) | 0.2417 | Big Six | |
| 62 | Florida | (6-3-1) | 0.2395 | Southeastern | |
| 63 | Gonzaga | (8-2-1) | 0.2372 | Independent | |
| 64 | New Mexico State | (4-1-3) | 0.2358 | Border | |
| 65 | Washington (Missouri) | (7-3-0) | 0.2280 | Missouri Valley | |
| 66 | Kansas | (3-4-3) | 0.2271 | Big Six | |
| 67 | Kentucky | (5-5-0) | 0.2231 | Southeastern | |
| 68 | Clemson | (5-4-0) | 0.1991 | Southern | |
| 69 | Iowa State | (5-3-1) | 0.1942 | Big Six | |
| 70 | Detroit Mercy | (5-3-1) | 0.1782 | Independent | |
| 71 | Pennsylvania | (4-4-0) | 0.1705 | Independent | |
| 72 | Carnegie Tech | (4-5-0) | 0.1690 | Independent | |
| 73 | Mississippi | (4-5-1) | 0.1598 | Southeastern | |
| 74 | Dartmouth | (6-3-0) | 0.1586 | Independent | |
| 75 | Arizona State | (4-3-1) | 0.1377 | Border | |
| 76 | Baylor | (3-7-0) | 0.1372 | Southwest | |
| 77 | Marquette | (4-5-0) | 0.1337 | Independent | |
| 78 | Northwestern | (3-5-0) | 0.1308 | Big Ten | |
| 79 | Penn State | (4-4-0) | 0.1227 | Independent | |
| 80 | Virginia Tech | (5-5-0) | 0.1026 | Southern | |
| 81 | Southern California | (4-6-1) | 0.1017 | Pacific Coast | |
| 82 | Furman | (5-4-0) | 0.0988 | Independent | |
| 83 | Texas A&M | (2-7-2) | 0.0967 | Southwest | |
| 84 | Mississippi State | (4-6-0) | 0.0923 | Southeastern | |
| 85 | California | (6-6-0) | 0.0922 | Pacific Coast | |
| 86 | Iowa | (2-5-1) | 0.0917 | Big Ten | |
| 87 | Denver | (5-5-1) | 0.0857 | Rocky Mountain | |
| 88 | Davidson | (4-4-1) | 0.0583 | Independent | |
| 89 | Georgetown | (4-3-1) | 0.0544 | Independent | |
| 90 | South Carolina | (5-4-0) | 0.0532 | Southern | |
| 91 | Cornell | (2-5-0) | 0.0295 | Independent | |
| 92 | Wyoming | (3-5-0) | 0.0178 | Rocky Mountain | |
| 93 | Oklahoma State | (4-5-1) | 0.0163 | Missouri Valley | |
| 94 | Oregon State | (3-6-2) | 0.0142 | Pacific Coast | |
| 95 | Loyola (New Orleans) | (4-5-0) | -0.0020 | Independent | |
| 96 | North Carolina State | (2-6-1) | -0.0043 | Southern | |
| 97 | Washington & Jefferson | (4-5-0) | -0.0154 | Independent | |
| 98 | Villanova | (3-4-2) | -0.0189 | Independent | |
| 99 | Auburn | (2-8-0) | -0.0193 | Southeastern | |
| 100 | Idaho | (3-5-0) | -0.0267 | Pacific Coast | |
| 101 | Brigham Young | (4-5-0) | -0.0397 | Rocky Mountain | |
| 102 | William & Mary | (2-6-0) | -0.0459 | Independent | |
| 103 | Virginia | (3-6-0) | -0.0745 | Southern | |
| 104 | Michigan | (1-7-0) | -0.0746 | Big Ten | |
| 105 | Montana | (2-5-1) | -0.0878 | Pacific Coast | |
| 106 | Georgia Tech | (1-9-0) | -0.0982 | Southeastern | |
| 107 | Drake | (3-6-1) | -0.1016 | Missouri Valley | |
| 108 | Wake Forest | (3-7-0) | -0.1047 | Independent | |
| 109 | Brown | (3-6-0) | -0.1307 | Independent | |
| 110 | Citadel | (3-5-1) | -0.1323 | Independent | |
| 111 | St. Louis | (3-3-2) | -0.1654 | Independent | |
| 112 | Harvard | (3-5-0) | -0.1713 | Independent | |
| 113 | Sewanee | (2-7-0) | -0.1789 | Southeastern | |
| 114 | New York University | (3-4-1) | -0.1824 | Independent | |
| 115 | Mercer | (3-6-1) | -0.2408 | Independent | |
| 116 | Colorado Mines | (1-6-0) | -0.2599 | Rocky Mountain | |
| 117 | Virginia Military Institute | (1-8-0) | -0.2692 | Southern | |
| 118 | Northern Arizona | (1-5-1) | -0.2945 | Border | |
| 119 | Montana State | (2-5-0) | -0.3067 | Rocky Mountain | |
| 120 | Grinnell | (2-7-0) | -0.3313 | Missouri Valley | |
| 120= | Missouri | (0-8-1) | -0.3313 | Big Six | |
| 122 | Colorado College | (1-7-0) | -0.3330 | Rocky Mountain | |
| 123 | Creighton | (2-7-0) | -0.3737 | Missouri Valley | |
| 124 | Western State | (2-5-0) | -0.4523 | Rocky Mountain |
Average Ratings by Conference (1934)
| Rk | Conference | Rating | |
|---|---|---|---|
| 1 | Southwest | 0.4186 | |
| 2 | Big Ten | 0.3322 | |
| 3 | Southeastern | 0.2911 | |
| 4 | Independent | 0.2282 | |
| 5 | Pacific Coast | 0.2016 | |
| 6 | Border | 0.1951 | |
| 7 | Big Six | 0.1752 | |
| 8 | Southern | 0.1627 | |
| 9 | Rocky Mountain | 0.0560 | |
| 10 | Missouri Valley | -0.1125 |