Rank | Team | Conf | Record | SRS | SOS | Final |
|---|---|---|---|---|---|---|
| 1 | Second Air Force | IND | 5-0 | 6 | 2 | 0.87425 |
| 2 | Army | IND | 6-0 | 8 | 16 | 0.86109 |
| 3 | Randolph Field | IND | 7-0 | 14 | 5 | 0.85524 |
| 4 | Ohio State | Western | 6-0 | 11 | 6 | 0.85128 |
| 5 | Norman Naval Air Station | IND | 5-0 | 15 | 1 | 0.84962 |
| 6 | Michigan | Western | 6-1 | 2 | 11 | 0.83544 |
| 7 | Notre Dame | IND | 5-1 | 1 | 4 | 0.83332 |
| 8 | Iowa Pre-Flight | IND | 7-1 | 4 | 7 | 0.83247 |
| 9 | Mississippi State | SEC | 5-0 | 16 | 14 | 0.81769 |
| 10 | Wake Forest | Southern | 7-0 | 36 | 26 | 0.80207 |
| 11 | Yale | IND | 5-0 | 30 | 8 | 0.79889 |
| 12 | Georgia Tech | SEC | 5-1 | 5 | 10 | 0.79648 |
| 13 | Tennessee | SEC | 5-0-1 | 13 | 24 | 0.79120 |
| 14 | Great Lakes Navy | IND | 6-1-1 | 7 | 12 | 0.78931 |
| 15 | Navy | IND | 4-2 | 3 | 3 | 0.74356 |
| 16 | USC | Pacific | 5-0-2 | 28 | 32 | 0.73375 |
| 17 | March Field | IND | 5-1-1 | 22 | 23 | 0.72164 |
| 18 | Oklahoma State | MVC | 5-1 | 47 | 9 | 0.70541 |
| 19 | Michigan State | IND | 5-1 | 27 | 67 | 0.70028 |
| 20 | Indiana | Western | 5-2 | 18 | 20 | 0.69846 |
| 21 | Drake | MVC | 6-0 | 82 | 45 | 0.69062 |
| 22 | Washington | Pacific | 5-1 | 45 | 42 | 0.68614 |
| 23 | Tulane | SEC | 3-1 | 32 | 15 | 0.67706 |
| 24 | Texas | Southwest | 4-2 | 19 | 18 | 0.67404 |
| 25 | Illinois | Western | 4-2-1 | 21 | 13 | 0.66197 |
| 26 | Tulsa | MVC | 4-2 | 20 | 28 | 0.66169 |
| 27 | Alabama | SEC | 3-1-2 | 17 | 47 | 0.65751 |
| 28 | Purdue | Western | 4-3 | 10 | 17 | 0.65661 |
| 29 | Oklahoma | Big 6 | 4-2 | 37 | 21 | 0.64567 |
| 30 | NC State | Southern | 5-2 | 46 | 39 | 0.63419 |
| 31 | Penn State | IND | 4-2 | 33 | 44 | 0.63373 |
| 32 | Fort Warren | IND | 5-2 | 56 | 19 | 0.63285 |
| 33 | Holy Cross | IND | 3-1-2 | 38 | 40 | 0.63173 |
| 34 | Georgia | SEC | 4-2 | 31 | 52 | 0.63089 |
| 35 | Cornell | IND | 4-2 | 35 | 51 | 0.62984 |
| 36 | TCU | Southwest | 4-1-1 | 65 | 30 | 0.62772 |
| 37 | Virginia | IND | 4-1-1 | 63 | 41 | 0.62287 |
| 38 | Alameda Coast Guard | IND | 4-1-2 | 50 | 49 | 0.61896 |
| 39 | Amarillo Field | IND | 5-3 | 41 | 27 | 0.61579 |
| 40 | Iowa State | Big 6 | 4-1-1 | 67 | 58 | 0.61017 |
| 41 | Boston College | IND | 3-2 | 23 | 63 | 0.60699 |
| 42 | Auburn | SEC | 3-2 | 24 | 59 | 0.60167 |
| 43 | Villanova | IND | 4-2 | 49 | 77 | 0.58584 |
| 44 | William & Mary | Southern | 3-2 | 25 | 84 | 0.58422 |
| 45 | Texas A&M | Southwest | 4-3 | 40 | 48 | 0.57702 |
| 46 | Colgate | IND | 2-2 | 26 | 34 | 0.56963 |
| 47 | Colorado | MSC | 3-2 | 55 | 33 | 0.56699 |
| 48 | Florida | SEC | 4-2 | 68 | 72 | 0.56658 |
| 49 | Rice | Southwest | 4-3 | 54 | 35 | 0.55769 |
| 50 | West Virginia | IND | 4-2-1 | 70 | 66 | 0.55762 |
| 51 | Coast Guard | IND | 5-3 | 75 | 46 | 0.55452 |
| 52 | Duke | Southern | 2-4 | 9 | 22 | 0.54981 |
| 53 | Pittsburgh | IND | 3-3 | 51 | 36 | 0.52650 |
| 54 | Bucknell | IND | 4-2-1 | 79 | 86 | 0.52636 |
| 55 | Minnesota | Western | 2-3-1 | 29 | 38 | 0.52633 |
| 56 | Clemson | Southern | 3-3 | 61 | 37 | 0.51737 |
| 57 | Arkansas | Southwest | 3-3-1 | 72 | 25 | 0.50887 |
| 58 | California | Pacific | 3-3-1 | 58 | 60 | 0.50699 |
| 59 | South Carolina | Southern | 2-2-2 | 64 | 71 | 0.49738 |
| 60 | Lubbock Field | IND | 4-3 | 83 | 75 | 0.48610 |
| 61 | Dartmouth | IND | 1-3-1 | 34 | 29 | 0.48166 |
| 62 | Utah | MSC | 3-2-1 | 88 | 79 | 0.47553 |
| 63 | Northwestern | Western | 1-4-1 | 12 | 57 | 0.47338 |
| 64 | Colorado College | IND | 3-4 | 71 | 43 | 0.46735 |
| 65 | Temple | IND | 2-2-2 | 78 | 87 | 0.46294 |
| 66 | Wisconsin | Western | 2-4 | 48 | 31 | 0.45895 |
| 67 | Kansas | Big 6 | 3-3-1 | 81 | 78 | 0.45595 |
| 68 | Denver | MSC | 2-2-2 | 86 | 64 | 0.44910 |
| 69 | Columbia | IND | 2-3 | 69 | 76 | 0.44619 |
| 70 | Missouri | Big 6 | 2-4-1 | 52 | 68 | 0.44371 |
| 71 | LSU | SEC | 1-4-1 | 39 | 55 | 0.43532 |
| 72 | UCLA | Pacific | 2-4-1 | 66 | 62 | 0.43056 |
| 73 | Brown | IND | 1-3-1 | 57 | 73 | 0.41827 |
| 74 | West Texas A&M | Border | 2-3 | 85 | 61 | 0.41176 |
| 75 | SMU | Southwest | 2-4 | 77 | 65 | 0.40920 |
| 76 | North Carolina | Southern | 1-4 | 42 | 69 | 0.40482 |
| 77 | Saint Mary's (CA) Pre-Flight | IND | 1-4 | 44 | 54 | 0.40191 |
| 78 | Kentucky | SEC | 2-5 | 62 | 70 | 0.39836 |
| 79 | Richmond | Southern | 2-3 | 80 | 93 | 0.39409 |
| 80 | Texas Tech | Border | 2-5 | 73 | 56 | 0.39130 |
| 81 | Iowa | Western | 1-4 | 59 | 50 | 0.38371 |
| 82 | Utah State | MSC | 2-2 | 93 | 91 | 0.37989 |
| 83 | Syracuse | IND | 1-4-1 | 53 | 89 | 0.37503 |
| 84 | Marquette | IND | 1-6 | 43 | 53 | 0.36899 |
| 85 | Miami | IND | 0-3-1 | 60 | 80 | 0.34360 |
| 86 | Ole Miss | SEC | 1-5 | 76 | 74 | 0.33202 |
| 87 | Nebraska | Big 6 | 1-4 | 87 | 83 | 0.30673 |
| 88 | Kansas State | Big 6 | 1-4-1 | 90 | 88 | 0.30418 |
| 89 | VMI | Southern | 1-5 | 84 | 81 | 0.29364 |
| 90 | Maryland | Southern | 0-5-1 | 74 | 82 | 0.28749 |
| 91 | Presbyterian | IND | 1-4 | 91 | 90 | 0.28446 |
| 92 | New Mexico | Border | 1-5 | 89 | 85 | 0.27504 |
| 93 | New York University | IND | 1-4 | 92 | 94 | 0.26244 |
| 94 | Idaho State | IND | 2-4 | 94 | 92 | 0.24043 |