Rank | Team | Conf | Record | SRS | SOS | Final |
|---|---|---|---|---|---|---|
| 1 | Army | IND | 7-0 | 3 | 4 | 0.90167 |
| 2 | Second Air Force | IND | 6-0 | 9 | 2 | 0.88359 |
| 3 | Ohio State | Western | 7-0 | 11 | 7 | 0.87114 |
| 4 | Norman Naval Air Station | IND | 6-0 | 12 | 1 | 0.86449 |
| 5 | Michigan | Western | 7-1 | 1 | 11 | 0.86187 |
| 6 | Randolph Field | IND | 8-0 | 15 | 12 | 0.85484 |
| 7 | Iowa Pre-Flight | IND | 8-1 | 6 | 5 | 0.85057 |
| 8 | Georgia Tech | SEC | 6-1 | 5 | 6 | 0.82662 |
| 9 | Mississippi State | SEC | 6-0 | 19 | 15 | 0.82657 |
| 10 | Yale | IND | 6-0 | 27 | 13 | 0.81216 |
| 11 | Great Lakes Navy | IND | 7-1-1 | 8 | 14 | 0.80612 |
| 12 | Tennessee | SEC | 5-0-1 | 13 | 23 | 0.79411 |
| 13 | Navy | IND | 5-2 | 4 | 3 | 0.77274 |
| 14 | Notre Dame | IND | 5-2 | 2 | 9 | 0.76970 |
| 15 | Wake Forest | Southern | 7-1 | 37 | 27 | 0.74534 |
| 16 | Oklahoma State | MVC | 6-1 | 42 | 10 | 0.74329 |
| 17 | March Field | IND | 6-1-1 | 23 | 16 | 0.73774 |
| 18 | USC | Pacific | 5-0-2 | 41 | 33 | 0.72715 |
| 19 | Michigan State | IND | 6-1 | 31 | 57 | 0.72245 |
| 20 | Drake | MVC | 7-0 | 83 | 42 | 0.70299 |
| 21 | Tulsa | MVC | 5-2 | 18 | 32 | 0.69323 |
| 22 | Alabama | SEC | 4-1-2 | 16 | 40 | 0.69010 |
| 23 | Purdue | Western | 5-3 | 10 | 18 | 0.68445 |
| 24 | Holy Cross | IND | 4-1-2 | 28 | 25 | 0.67370 |
| 25 | Penn State | IND | 5-2 | 32 | 51 | 0.65607 |
| 26 | TCU | Southwest | 5-1-1 | 63 | 30 | 0.65505 |
| 27 | Indiana | Western | 5-3 | 17 | 31 | 0.65502 |
| 28 | Georgia | SEC | 5-2 | 38 | 47 | 0.65297 |
| 29 | NC State | Southern | 6-2 | 45 | 41 | 0.65210 |
| 30 | Virginia | IND | 5-1-1 | 62 | 50 | 0.64370 |
| 31 | Boston College | IND | 4-2 | 21 | 70 | 0.64094 |
| 32 | Iowa State | Big 6 | 5-1-1 | 64 | 52 | 0.63842 |
| 33 | Oklahoma | Big 6 | 4-2-1 | 33 | 21 | 0.63795 |
| 34 | Texas | Southwest | 4-3 | 20 | 26 | 0.62221 |
| 35 | Illinois | Western | 4-3-1 | 22 | 17 | 0.62195 |
| 36 | Amarillo Field | IND | 5-3 | 43 | 19 | 0.62010 |
| 37 | Tulane | SEC | 3-2 | 25 | 28 | 0.61781 |
| 38 | Duke | Southern | 3-4 | 7 | 8 | 0.61683 |
| 39 | Washington | Pacific | 5-2 | 51 | 59 | 0.61609 |
| 40 | Texas A&M | Southwest | 5-3 | 40 | 44 | 0.61262 |
| 41 | Coast Guard | IND | 6-3 | 56 | 24 | 0.61072 |
| 42 | Colorado | MSC | 4-2 | 61 | 39 | 0.59296 |
| 43 | Cornell | IND | 4-3 | 34 | 49 | 0.58822 |
| 44 | William & Mary | Southern | 3-2-1 | 26 | 82 | 0.57930 |
| 45 | Minnesota | Western | 3-3-1 | 24 | 29 | 0.57666 |
| 46 | West Virginia | IND | 5-2-1 | 74 | 71 | 0.57198 |
| 47 | Fort Warren | IND | 5-4 | 53 | 20 | 0.56038 |
| 48 | Villanova | IND | 4-3 | 46 | 55 | 0.55843 |
| 49 | Arkansas | Southwest | 4-3-1 | 59 | 22 | 0.55824 |
| 50 | Auburn | SEC | 3-3 | 30 | 63 | 0.55517 |
| 51 | Clemson | Southern | 4-3 | 58 | 38 | 0.55387 |
| 52 | Alameda Coast Guard | IND | 4-2-2 | 72 | 64 | 0.54987 |
| 53 | Bucknell | IND | 5-2-1 | 76 | 89 | 0.54853 |
| 54 | South Carolina | Southern | 3-2-2 | 57 | 72 | 0.53768 |
| 55 | Colgate | IND | 2-3 | 29 | 43 | 0.51892 |
| 56 | Rice | Southwest | 4-4 | 55 | 45 | 0.51579 |
| 57 | Florida | SEC | 4-3 | 69 | 76 | 0.51509 |
| 58 | Utah | MSC | 4-2-1 | 86 | 73 | 0.51408 |
| 59 | Wisconsin | Western | 3-4 | 47 | 35 | 0.50226 |
| 60 | Denver | MSC | 3-2-2 | 84 | 67 | 0.49430 |
| 61 | Pittsburgh | IND | 3-4 | 54 | 34 | 0.49312 |
| 62 | Lubbock Field | IND | 4-4 | 82 | 53 | 0.46808 |
| 63 | Missouri | Big 6 | 2-4-2 | 49 | 48 | 0.46135 |
| 64 | West Texas A&M | Border | 3-3 | 85 | 65 | 0.45601 |
| 65 | Saint Mary's (CA) Pre-Flight | IND | 2-4 | 48 | 37 | 0.45444 |
| 66 | UCLA | Pacific | 3-4-1 | 78 | 60 | 0.45335 |
| 67 | Northwestern | Western | 1-5-1 | 14 | 56 | 0.45293 |
| 68 | California | Pacific | 3-4-1 | 71 | 75 | 0.45144 |
| 69 | Dartmouth | IND | 1-4-1 | 35 | 36 | 0.45087 |
| 70 | Utah State | MSC | 3-2 | 93 | 86 | 0.43810 |
| 71 | LSU | SEC | 1-4-1 | 39 | 58 | 0.43653 |
| 72 | North Carolina | Southern | 1-4-1 | 36 | 68 | 0.43465 |
| 73 | Temple | IND | 2-3-2 | 70 | 88 | 0.43458 |
| 74 | Colorado College | IND | 3-5 | 73 | 62 | 0.42892 |
| 75 | Kansas | Big 6 | 3-4-1 | 81 | 81 | 0.42247 |
| 76 | Columbia | IND | 2-4 | 67 | 77 | 0.41038 |
| 77 | Brown | IND | 1-4-1 | 50 | 46 | 0.40762 |
| 78 | Kentucky | SEC | 2-5 | 65 | 69 | 0.39758 |
| 79 | Texas Tech | Border | 2-6 | 66 | 61 | 0.38048 |
| 80 | SMU | Southwest | 2-5 | 75 | 78 | 0.37298 |
| 81 | Syracuse | IND | 1-4-1 | 52 | 92 | 0.37246 |
| 82 | Marquette | IND | 1-6 | 44 | 54 | 0.37115 |
| 83 | Richmond | Southern | 2-4 | 80 | 90 | 0.37041 |
| 84 | Kansas State | Big 6 | 2-4-1 | 89 | 80 | 0.36484 |
| 85 | Iowa | Western | 1-5 | 60 | 66 | 0.35550 |
| 86 | Miami | IND | 0-4-1 | 68 | 85 | 0.30802 |
| 87 | Ole Miss | SEC | 1-6 | 79 | 74 | 0.30697 |
| 88 | Nebraska | Big 6 | 1-5 | 87 | 83 | 0.28078 |
| 89 | VMI | Southern | 1-6 | 88 | 79 | 0.26663 |
| 90 | Maryland | Southern | 0-6-1 | 77 | 84 | 0.26602 |
| 91 | Presbyterian | IND | 1-5 | 90 | 91 | 0.26181 |
| 92 | New Mexico | Border | 1-6 | 92 | 87 | 0.24160 |
| 93 | New York University | IND | 1-5 | 91 | 94 | 0.23854 |
| 94 | Idaho State | IND | 2-5 | 94 | 93 | 0.21716 |