| Rk | Team | Record | Rating | Conference | |
|---|---|---|---|---|---|
| 1 | Penn State | (12-0-0) | 0.8294 | Big Ten | |
| 2 | Florida State | (10-1-1) | 0.7830 | Atlantic Coast | |
| 3 | Nebraska | (13-0-0) | 0.7789 | Big Eight | |
| 4 | Alabama | (12-1-0) | 0.7412 | Southeastern | |
| 5 | Colorado | (11-1-0) | 0.7042 | Big Eight | |
| 6 | Florida | (10-2-1) | 0.6638 | Southeastern | |
| 7 | Texas A&M | (10-0-1) | 0.6596 | Southwest | |
| 8 | Miami (Florida) | (10-2-0) | 0.6270 | Big East | |
| 9 | Michigan | (8-4-0) | 0.6097 | Big Ten | |
| 10 | Auburn | (9-1-1) | 0.6020 | Southeastern | |
| 11 | Utah | (10-2-0) | 0.5815 | Western Athletic | |
| 12 | Colorado State | (10-2-0) | 0.5551 | Western Athletic | |
| 13 | Southern California | (8-3-1) | 0.5305 | Pac 10 | |
| 14 | Tennessee | (8-4-0) | 0.5226 | Southeastern | |
| 15 | Ohio State | (9-4-0) | 0.4939 | Big Ten | |
| 16 | Virginia | (9-3-0) | 0.4854 | Atlantic Coast | |
| 17 | North Carolina State | (9-3-0) | 0.4792 | Atlantic Coast | |
| 18 | Washington State | (8-4-0) | 0.4720 | Pac 10 | |
| 19 | Boston College | (7-4-1) | 0.4639 | Big East | |
| 20 | Kansas State | (9-3-0) | 0.4559 | Big Eight | |
| 21 | Virginia Tech | (8-4-0) | 0.4405 | Big East | |
| 22 | Arizona | (8-4-0) | 0.4375 | Pac 10 | |
| 23 | Oregon | (9-4-0) | 0.4369 | Pac 10 | |
| 24 | Texas | (8-4-0) | 0.4236 | Southwest | |
| 25 | Brigham Young | (10-3-0) | 0.4234 | Western Athletic | |
| 26 | Washington | (7-4-0) | 0.4174 | Pac 10 | |
| 27 | Illinois | (7-5-0) | 0.4143 | Big Ten | |
| 28 | Wisconsin | (7-4-1) | 0.4094 | Big Ten | |
| 29 | Duke | (8-4-0) | 0.4064 | Atlantic Coast | |
| 30 | North Carolina | (8-4-0) | 0.3942 | Atlantic Coast | |
| 31 | Notre Dame | (6-5-1) | 0.3920 | Independent | |
| 32 | Mississippi State | (8-4-0) | 0.3881 | Southeastern | |
| 33 | Bowling Green State | (9-2-0) | 0.3804 | Mid-American | |
| 34 | Syracuse | (7-4-0) | 0.3695 | Big East | |
| 35 | Air Force | (8-4-0) | 0.3378 | Western Athletic | |
| 36 | Georgia | (6-4-1) | 0.3251 | Southeastern | |
| 37 | South Carolina | (7-5-0) | 0.3181 | Southeastern | |
| 38 | East Carolina | (7-5-0) | 0.3136 | Independent | |
| 39 | Oklahoma | (6-6-0) | 0.2928 | Big Eight | |
| 40 | Michigan State | (5-6-0) | 0.2914 | Big Ten | |
| 41 | Central Michigan | (9-3-0) | 0.2817 | Mid-American | |
| 42 | Texas Tech | (6-6-0) | 0.2785 | Southwest | |
| 43 | Nevada | (9-2-0) | 0.2764 | Big West | |
| 44 | Texas Christian | (7-5-0) | 0.2636 | Southwest | |
| 45 | West Virginia | (7-6-0) | 0.2624 | Big East | |
| 46 | Southern Mississippi | (6-5-0) | 0.2590 | Independent | |
| 47 | Baylor | (7-5-0) | 0.2537 | Southwest | |
| 48 | Iowa | (5-5-1) | 0.2533 | Big Ten | |
| 49 | Louisville | (6-5-0) | 0.2508 | Independent | |
| 50 | Purdue | (4-5-2) | 0.2488 | Big Ten | |
| 51 | Indiana | (6-5-0) | 0.2413 | Big Ten | |
| 52 | Kansas | (6-5-0) | 0.2402 | Big Eight | |
| 53 | Rutgers | (5-5-1) | 0.2334 | Big East | |
| 54 | UCLA | (5-6-0) | 0.2200 | Pac 10 | |
| 55 | Western Michigan | (7-4-0) | 0.2014 | Mid-American | |
| 56 | Clemson | (5-6-0) | 0.1992 | Atlantic Coast | |
| 57 | Louisiana State | (4-7-0) | 0.1889 | Southeastern | |
| 58 | Memphis | (6-5-0) | 0.1753 | Independent | |
| 59 | Oregon State | (4-7-0) | 0.1686 | Pac 10 | |
| 60 | Rice | (5-6-0) | 0.1628 | Southwest | |
| 61 | Wyoming | (6-6-0) | 0.1618 | Western Athletic | |
| 62 | New Mexico | (5-7-0) | 0.1475 | Western Athletic | |
| 63 | Vanderbilt | (5-6-0) | 0.1439 | Southeastern | |
| 64 | Mississippi | (4-7-0) | 0.1307 | Southeastern | |
| 65 | Arkansas | (4-7-0) | 0.1305 | Southeastern | |
| 66 | Maryland | (4-7-0) | 0.1219 | Atlantic Coast | |
| 67 | Toledo | (6-4-1) | 0.1145 | Mid-American | |
| 68 | Nevada-Las Vegas | (7-5-0) | 0.1073 | Big West | |
| 69 | Stanford | (3-7-1) | 0.0985 | Pac 10 | |
| 70 | Miami (Ohio) | (5-5-1) | 0.0977 | Mid-American | |
| 71 | California | (4-7-0) | 0.0976 | Pac 10 | |
| 72 | Fresno State | (5-7-1) | 0.0944 | Western Athletic | |
| 73 | Arizona State | (3-8-0) | 0.0919 | Pac 10 | |
| 74 | Pittsburgh | (3-8-0) | 0.0854 | Big East | |
| 75 | Minnesota | (3-8-0) | 0.0836 | Big Ten | |
| 76 | Northwestern | (3-7-1) | 0.0744 | Big Ten | |
| 77 | Ball State | (5-5-1) | 0.0738 | Mid-American | |
| 78 | San Diego State | (4-7-0) | 0.0619 | Western Athletic | |
| 79 | Eastern Michigan | (5-6-0) | 0.0391 | Mid-American | |
| 80 | Louisiana-Lafayette | (6-5-0) | 0.0295 | Big West | |
| 81 | Pacific | (6-5-0) | 0.0198 | Big West | |
| 82 | Oklahoma State | (3-7-1) | 0.0058 | Big Eight | |
| 83 | Texas-El Paso | (3-7-1) | -0.0177 | Western Athletic | |
| 84 | Army | (4-7-0) | -0.0229 | Independent | |
| 85 | Missouri | (3-8-1) | -0.0471 | Big Eight | |
| 86 | Hawaii | (3-8-1) | -0.0492 | Western Athletic | |
| 87 | Northern Illinois | (4-7-0) | -0.0958 | Big West | |
| 88 | Wake Forest | (3-8-0) | -0.1133 | Atlantic Coast | |
| 89 | Georgia Tech | (1-10-0) | -0.1210 | Atlantic Coast | |
| 90 | Temple | (2-9-0) | -0.1331 | Big East | |
| 91 | Tulsa | (3-8-0) | -0.1433 | Independent | |
| 92 | Navy | (3-8-0) | -0.1437 | Independent | |
| 93 | Cincinnati | (2-8-1) | -0.1446 | Independent | |
| 94 | Louisiana-Monroe | (3-8-0) | -0.1472 | Independent | |
| 95 | Southern Methodist | (1-9-1) | -0.1496 | Southwest | |
| 96 | Kentucky | (1-10-0) | -0.1842 | Southeastern | |
| 97 | Utah State | (3-8-0) | -0.1884 | Big West | |
| 98 | New Mexico State | (3-8-0) | -0.2273 | Big West | |
| 99 | San Jose State | (3-8-0) | -0.2508 | Big West | |
| 100 | Louisiana Tech | (3-8-0) | -0.2666 | Big West | |
| 101 | Tulane | (1-10-0) | -0.2777 | Independent | |
| 102 | Iowa State | (0-10-1) | -0.3292 | Big Eight | |
| 103 | Kent State | (2-9-0) | -0.3654 | Mid-American | |
| 104 | Arkansas State | (1-10-0) | -0.3798 | Big West | |
| 105 | Houston | (1-10-0) | -0.3994 | Southwest | |
| 106 | Ohio | (0-11-0) | -0.5586 | Mid-American | |
| 107 | Akron | (1-10-0) | -0.6009 | Mid-American |
Average Ratings by Conference (1994)
| Rk | Conference | Rating | |
|---|---|---|---|
| 1 | Big Ten | 0.3590 | |
| 2 | Southeastern | 0.3309 | |
| 3 | Pac 10 | 0.2971 | |
| 4 | Big East | 0.2936 | |
| 5 | Atlantic Coast | 0.2928 | |
| 6 | Big Eight | 0.2627 | |
| 7 | Western Athletic | 0.2297 | |
| 8 | Southwest | 0.1866 | |
| 9 | Independent | 0.0465 | |
| 10 | Mid-American | -0.0336 | |
| 11 | Big West | -0.0976 |