Rank | Team | Conf | Record | SRS | SOS | Final |
|---|---|---|---|---|---|---|
| 1 | Notre Dame | IND | 5-0 | 1 | 2 | 0.91346 |
| 2 | Randolph Field | IND | 6-0 | 11 | 3 | 0.85858 |
| 3 | Georgia Tech | SEC | 5-0 | 8 | 4 | 0.85355 |
| 4 | Army | IND | 5-0 | 5 | 14 | 0.84789 |
| 5 | Ohio State | Western | 5-0 | 15 | 6 | 0.82602 |
| 6 | Norman Naval Air Station | IND | 4-0 | 20 | 1 | 0.82060 |
| 7 | Michigan | Western | 5-1 | 2 | 17 | 0.81089 |
| 8 | Iowa Pre-Flight | IND | 6-1 | 3 | 9 | 0.80935 |
| 9 | Mississippi State | SEC | 4-0 | 17 | 8 | 0.80427 |
| 10 | Second Air Force | IND | 4-0 | 18 | 7 | 0.80408 |
| 11 | Michigan State | IND | 5-0 | 21 | 37 | 0.79517 |
| 12 | Wake Forest | Southern | 6-0 | 37 | 23 | 0.79123 |
| 13 | Tennessee | SEC | 4-0-1 | 14 | 20 | 0.77472 |
| 14 | Yale | IND | 4-0 | 36 | 16 | 0.77404 |
| 15 | Great Lakes Navy | IND | 5-1-1 | 6 | 13 | 0.76703 |
| 16 | Oklahoma State | MVC | 5-0 | 49 | 12 | 0.76511 |
| 17 | Indiana | Western | 5-1 | 16 | 24 | 0.74487 |
| 18 | Alabama | SEC | 3-0-2 | 12 | 22 | 0.72842 |
| 19 | USC | Pacific | 4-0-2 | 30 | 25 | 0.72074 |
| 20 | Tulsa | MVC | 4-1 | 23 | 31 | 0.71010 |
| 21 | Amarillo Field | IND | 5-1 | 40 | 27 | 0.70814 |
| 22 | Holy Cross | IND | 3-0-2 | 28 | 34 | 0.69706 |
| 23 | Washington | Pacific | 5-1 | 44 | 30 | 0.69436 |
| 24 | Tulane | SEC | 3-1 | 29 | 5 | 0.68884 |
| 25 | Drake | MVC | 5-0 | 83 | 50 | 0.68138 |
| 26 | March Field | IND | 4-1-1 | 24 | 42 | 0.68098 |
| 27 | Navy | IND | 3-2 | 4 | 18 | 0.67623 |
| 28 | Boston College | IND | 3-1 | 19 | 52 | 0.67286 |
| 29 | Iowa State | Big 6 | 4-0-1 | 69 | 53 | 0.67122 |
| 30 | Illinois | Western | 4-2-1 | 22 | 19 | 0.65992 |
| 31 | Texas | Southwest | 3-2 | 13 | 11 | 0.65077 |
| 32 | Villanova | IND | 4-1 | 45 | 77 | 0.64297 |
| 33 | Texas A&M | Southwest | 4-2 | 38 | 49 | 0.62579 |
| 34 | Rice | Southwest | 4-2 | 51 | 10 | 0.62370 |
| 35 | Fort Warren | IND | 5-2 | 59 | 26 | 0.62243 |
| 36 | Purdue | Western | 3-3 | 7 | 29 | 0.61357 |
| 37 | Oklahoma | Big 6 | 3-2 | 42 | 21 | 0.60288 |
| 38 | TCU | Southwest | 3-1-1 | 66 | 35 | 0.60088 |
| 39 | NC State | Southern | 4-2 | 53 | 40 | 0.60018 |
| 40 | Georgia | SEC | 3-2 | 35 | 56 | 0.58980 |
| 41 | Virginia | IND | 3-1-1 | 68 | 51 | 0.58929 |
| 42 | Cornell | IND | 3-2 | 34 | 64 | 0.58599 |
| 43 | Penn State | IND | 3-2 | 39 | 58 | 0.58392 |
| 44 | William & Mary | Southern | 3-2 | 31 | 85 | 0.57282 |
| 45 | Colgate | IND | 2-2 | 25 | 43 | 0.56491 |
| 46 | Alameda Coast Guard | IND | 3-1-2 | 61 | 79 | 0.56407 |
| 47 | Auburn | SEC | 2-2 | 26 | 45 | 0.56322 |
| 48 | California | Pacific | 3-2-1 | 54 | 39 | 0.56025 |
| 49 | Clemson | Southern | 3-2 | 67 | 28 | 0.55995 |
| 50 | Lubbock Field | IND | 4-2 | 80 | 55 | 0.54522 |
| 51 | Florida | SEC | 3-2 | 60 | 76 | 0.53344 |
| 52 | Dartmouth | IND | 1-2-1 | 27 | 15 | 0.53238 |
| 53 | West Virginia | IND | 3-2-1 | 62 | 73 | 0.53080 |
| 54 | Pittsburgh | IND | 3-3 | 52 | 38 | 0.52915 |
| 55 | Temple | IND | 2-1-2 | 63 | 84 | 0.52477 |
| 56 | Colorado | MSC | 2-2 | 65 | 33 | 0.51600 |
| 57 | Minnesota | Western | 2-3 | 33 | 41 | 0.51592 |
| 58 | Coast Guard | IND | 4-3 | 78 | 59 | 0.51224 |
| 59 | Wisconsin | Western | 2-3 | 48 | 32 | 0.49548 |
| 60 | Columbia | IND | 2-2 | 70 | 68 | 0.49023 |
| 61 | Bucknell | IND | 3-2-1 | 79 | 89 | 0.48796 |
| 62 | Brown | IND | 1-2-1 | 47 | 47 | 0.47950 |
| 63 | Utah | MSC | 3-2 | 89 | 81 | 0.47243 |
| 64 | LSU | SEC | 1-3-1 | 32 | 46 | 0.46966 |
| 65 | Arkansas | Southwest | 2-3-1 | 76 | 36 | 0.46315 |
| 66 | UCLA | Pacific | 2-3-1 | 64 | 63 | 0.45988 |
| 67 | Northwestern | Western | 1-4 | 9 | 66 | 0.45549 |
| 68 | Colorado College | IND | 3-4 | 77 | 54 | 0.45312 |
| 69 | SMU | Southwest | 2-3 | 73 | 48 | 0.45305 |
| 70 | Duke | Southern | 1-4 | 10 | 65 | 0.45062 |
| 71 | North Carolina | Southern | 1-3 | 41 | 44 | 0.44774 |
| 72 | Denver | MSC | 2-2-1 | 87 | 62 | 0.44697 |
| 73 | South Carolina | Southern | 1-2-2 | 71 | 75 | 0.44286 |
| 74 | Kentucky | SEC | 2-4 | 57 | 60 | 0.42982 |
| 75 | Richmond | Southern | 2-2 | 81 | 94 | 0.42010 |
| 76 | Kansas | Big 6 | 2-3-1 | 82 | 70 | 0.41782 |
| 77 | Syracuse | IND | 1-3-1 | 50 | 88 | 0.40791 |
| 78 | Saint Mary's (CA) Pre-Flight | IND | 1-4 | 46 | 57 | 0.39646 |
| 79 | Miami | IND | 0-2-1 | 56 | 67 | 0.38306 |
| 80 | Missouri | Big 6 | 1-4-1 | 58 | 74 | 0.38302 |
| 81 | Marquette | IND | 1-5 | 43 | 69 | 0.37978 |
| 82 | Ole Miss | SEC | 1-4 | 74 | 72 | 0.35219 |
| 83 | West Texas A&M | Border | 1-3 | 85 | 78 | 0.34131 |
| 84 | Nebraska | Big 6 | 1-3 | 86 | 80 | 0.33857 |
| 85 | Texas Tech | Border | 1-5 | 75 | 71 | 0.33069 |
| 86 | Utah State | MSC | 1-2 | 93 | 90 | 0.31742 |
| 87 | VMI | Southern | 1-4 | 84 | 83 | 0.31255 |
| 88 | New York University | IND | 1-3 | 90 | 93 | 0.30949 |
| 89 | Presbyterian | IND | 1-3 | 92 | 87 | 0.30922 |
| 90 | Maryland | Southern | 0-4-1 | 72 | 82 | 0.30797 |
| 91 | Iowa | Western | 0-4 | 55 | 61 | 0.30585 |
| 92 | New Mexico | Border | 1-4 | 88 | 91 | 0.28530 |
| 93 | Kansas State | Big 6 | 0-4-1 | 91 | 86 | 0.24927 |
| 94 | Idaho State | IND | 2-4 | 94 | 92 | 0.23814 |