| Rk | Team | Record | Rating | Conference | |
|---|---|---|---|---|---|
| 1 | Southern California | (13-0) | 0.8885 | Pac 10 | |
| 2 | Auburn | (13-0) | 0.8021 | Southeastern | |
| 3 | Oklahoma | (12-1) | 0.7711 | Big Twelve | |
| 4 | Texas | (11-1) | 0.7624 | Big Twelve | |
| 5 | Miami (Florida) | (9-3) | 0.6967 | Atlantic Coast | |
| 6 | Iowa | (10-2) | 0.6866 | Big Ten | |
| 7 | Utah | (12-0) | 0.6764 | Mountain West | |
| 8 | Georgia | (10-2) | 0.6417 | Southeastern | |
| 9 | Virginia Tech | (10-3) | 0.6393 | Atlantic Coast | |
| 10 | Florida State | (9-3) | 0.6283 | Atlantic Coast | |
| 11 | Arizona State | (9-3) | 0.6213 | Pac 10 | |
| 12 | Louisville | (11-1) | 0.5932 | Conference USA | |
| 13 | California | (10-2) | 0.5887 | Pac 10 | |
| 14 | Boise State | (11-1) | 0.5851 | Western Athletic | |
| 15 | Tennessee | (10-3) | 0.5740 | Southeastern | |
| 16 | Michigan | (9-3) | 0.5690 | Big Ten | |
| 17 | Louisiana State | (9-3) | 0.5200 | Southeastern | |
| 18 | Virginia | (8-4) | 0.5180 | Atlantic Coast | |
| 19 | Ohio State | (8-4) | 0.5075 | Big Ten | |
| 20 | Texas A&M | (7-5) | 0.4978 | Big Twelve | |
| 21 | Texas Tech | (8-4) | 0.4970 | Big Twelve | |
| 22 | Wisconsin | (9-3) | 0.4885 | Big Ten | |
| 23 | Boston College | (9-3) | 0.4546 | Big East | |
| 24 | Purdue | (7-5) | 0.4429 | Big Ten | |
| 25 | Georgia Tech | (7-5) | 0.4173 | Atlantic Coast | |
| 26 | Oregon State | (7-5) | 0.4070 | Pac 10 | |
| 27 | Clemson | (6-5) | 0.4059 | Atlantic Coast | |
| 28 | Colorado | (8-5) | 0.4008 | Big Twelve | |
| 29 | Fresno State | (9-3) | 0.3978 | Western Athletic | |
| 30 | Oklahoma State | (7-5) | 0.3837 | Big Twelve | |
| 31 | Florida | (7-5) | 0.3824 | Southeastern | |
| 32 | West Virginia | (8-4) | 0.3788 | Big East | |
| 33 | Pittsburgh | (8-4) | 0.3755 | Big East | |
| 34 | North Carolina | (6-6) | 0.3690 | Atlantic Coast | |
| 35 | Notre Dame | (6-6) | 0.3686 | Independent | |
| 36 | Texas-El Paso | (8-4) | 0.3529 | Western Athletic | |
| 37 | North Carolina State | (5-6) | 0.3433 | Atlantic Coast | |
| 38 | Northern Illinois | (9-3) | 0.3357 | Mid-American | |
| 39 | Bowling Green State | (9-3) | 0.3267 | Mid-American | |
| 40 | Iowa State | (7-5) | 0.3212 | Big Twelve | |
| 41 | Maryland | (5-6) | 0.3133 | Atlantic Coast | |
| 42 | Navy | (10-2) | 0.3097 | Independent | |
| 43 | New Mexico | (7-5) | 0.3091 | Mountain West | |
| 43= | Northwestern | (6-6) | 0.3091 | Big Ten | |
| 45 | Connecticut | (8-4) | 0.3004 | Big East | |
| 46 | Minnesota | (7-5) | 0.2856 | Big Ten | |
| 47 | Toledo | (9-4) | 0.2763 | Mid-American | |
| 48 | Syracuse | (6-6) | 0.2755 | Big East | |
| 49 | UCLA | (6-6) | 0.2700 | Pac 10 | |
| 50 | South Carolina | (6-5) | 0.2686 | Southeastern | |
| 51 | Arkansas | (5-6) | 0.2552 | Southeastern | |
| 52 | Kansas | (4-7) | 0.2351 | Big Twelve | |
| 53 | Troy | (7-5) | 0.2347 | Sun Belt | |
| 54 | Memphis | (8-4) | 0.2304 | Conference USA | |
| 55 | Washington State | (5-6) | 0.2255 | Pac 10 | |
| 56 | Hawaii | (8-5) | 0.2211 | Western Athletic | |
| 57 | Wake Forest | (4-7) | 0.2202 | Atlantic Coast | |
| 58 | Louisiana Tech | (6-6) | 0.2173 | Western Athletic | |
| 59 | Miami (Ohio) | (8-5) | 0.2154 | Mid-American | |
| 60 | Cincinnati | (7-5) | 0.2059 | Conference USA | |
| 61 | Wyoming | (7-5) | 0.2022 | Mountain West | |
| 62 | Michigan State | (5-7) | 0.2014 | Big Ten | |
| 63 | Nebraska | (5-6) | 0.1984 | Big Twelve | |
| 64 | Oregon | (5-6) | 0.1982 | Pac 10 | |
| 65 | Brigham Young | (5-6) | 0.1977 | Mountain West | |
| 66 | Florida Atlantic | (9-3) | 0.1926 | Independent | |
| 67 | Penn State | (4-7) | 0.1863 | Big Ten | |
| 68 | Alabama | (6-6) | 0.1816 | Southeastern | |
| 69 | Stanford | (4-7) | 0.1759 | Pac 10 | |
| 70 | Missouri | (5-6) | 0.1564 | Big Twelve | |
| 71 | Marshall | (6-6) | 0.1533 | Mid-American | |
| 72 | Kansas State | (4-7) | 0.1520 | Big Twelve | |
| 73 | Alabama-Birmingham | (7-5) | 0.1414 | Conference USA | |
| 74 | Southern Mississippi | (7-5) | 0.1404 | Conference USA | |
| 75 | North Texas | (7-5) | 0.0990 | Sun Belt | |
| 76 | Mississippi | (4-7) | 0.0986 | Southeastern | |
| 77 | Texas Christian | (5-6) | 0.0907 | Conference USA | |
| 78 | Akron | (6-5) | 0.0902 | Mid-American | |
| 79 | Air Force | (5-6) | 0.0876 | Mountain West | |
| 80 | Arizona | (3-8) | 0.0797 | Pac 10 | |
| 81 | New Mexico State | (5-6) | 0.0679 | Sun Belt | |
| 82 | Colorado State | (4-7) | 0.0445 | Mountain West | |
| 83 | Rutgers | (4-7) | 0.0407 | Big East | |
| 84 | San Diego State | (4-7) | 0.0264 | Mountain West | |
| 85 | Kent State | (5-6) | 0.0161 | Mid-American | |
| 86 | Illinois | (3-8) | 0.0053 | Big Ten | |
| 87 | Middle Tennessee State | (5-6) | 0.0025 | Sun Belt | |
| 88 | Duke | (2-9) | -0.0018 | Atlantic Coast | |
| 89 | Indiana | (3-8) | -0.0115 | Big Ten | |
| 90 | Louisiana-Monroe | (5-6) | -0.0196 | Sun Belt | |
| 91 | Baylor | (3-8) | -0.0289 | Big Twelve | |
| 92 | Tulsa | (4-8) | -0.0430 | Western Athletic | |
| 93 | Houston | (3-8) | -0.0445 | Conference USA | |
| 94 | Tulane | (5-6) | -0.0483 | Conference USA | |
| 95 | South Florida | (4-7) | -0.0595 | Conference USA | |
| 96 | Vanderbilt | (2-9) | -0.0617 | Southeastern | |
| 97 | Louisiana-Lafayette | (4-7) | -0.0697 | Sun Belt | |
| 98 | Temple | (2-9) | -0.0976 | Big East | |
| 99 | Mississippi State | (3-8) | -0.1158 | Southeastern | |
| 100 | Eastern Michigan | (4-7) | -0.1181 | Mid-American | |
| 101 | Rice | (3-8) | -0.1193 | Western Athletic | |
| 102 | Ohio | (4-7) | -0.1259 | Mid-American | |
| 103 | Kentucky | (2-9) | -0.1321 | Southeastern | |
| 104 | Central Michigan | (4-7) | -0.1380 | Mid-American | |
| 105 | Nevada | (5-7) | -0.1414 | Western Athletic | |
| 106 | Southern Methodist | (3-8) | -0.1619 | Western Athletic | |
| 107 | Utah State | (3-8) | -0.1658 | Sun Belt | |
| 108 | Washington | (1-10) | -0.1756 | Pac 10 | |
| 109 | Ball State | (2-9) | -0.1795 | Mid-American | |
| 110 | Nevada-Las Vegas | (2-9) | -0.1939 | Mountain West | |
| 111 | Arkansas State | (3-8) | -0.2050 | Sun Belt | |
| 112 | East Carolina | (2-9) | -0.2190 | Conference USA | |
| 113 | Army | (2-9) | -0.2223 | Conference USA | |
| 114 | Idaho | (3-9) | -0.2278 | Sun Belt | |
| 115 | Western Michigan | (1-10) | -0.3319 | Mid-American | |
| 116 | San Jose State | (2-9) | -0.3368 | Western Athletic | |
| 117 | Florida International | (3-7) | -0.3945 | Independent | |
| 118 | Central Florida | (0-11) | -0.4532 | Mid-American | |
| 119 | Buffalo | (2-9) | -0.4557 | Mid-American |
Average Ratings by Conference (2004)
| Rk | Conference | Rating | |
|---|---|---|---|
| 1 | Atlantic Coast | 0.4136 | |
| 2 | Big Twelve | 0.3622 | |
| 3 | Big Ten | 0.3337 | |
| 4 | Pac 10 | 0.3279 | |
| 5 | Southeastern | 0.2846 | |
| 6 | Big East | 0.2468 | |
| 7 | Mountain West | 0.1687 | |
| 8 | Independent | 0.1191 | |
| 9 | Western Athletic | 0.0972 | |
| 10 | Conference USA | 0.0735 | |
| 11 | Mid-American | -0.0278 | |
| 12 | Sun Belt | -0.0315 |