| CFP Rank | Team | CFP Seed | Conference |
| 1 | Indiana | 1 | Big Ten |
| 2 | Ohio State | 2 | Big Ten |
| 3 | Georgia | 3 | SEC |
| 4 | Texas Tech | 4 | Big 12 |
| 5 | Oregon | 5 | Big Ten |
| 6 | Ole Miss | 6 | SEC |
| 7 | Texas A&M | 7 | SEC |
| 8 | Oklahoma | 8 | SEC |
| 9 | Alabama | 9 | SEC |
| 10 | Miami | 10 | ACC |
| 11 | Notre Dame | FBS Independent | |
| 12 | BYU | Big 12 | |
| 13 | Texas | SEC | |
| 14 | Vanderbilt | SEC | |
| 15 | Utah | Big 12 | |
| 16 | USC | Big Ten | |
| 17 | Arizona | Big 12 | |
| 18 | Michigan | Big Ten | |
| 19 | Virginia | ACC | |
| 20 | Tulane | 11 | American |
| 21 | Houston | Big 12 | |
| 22 | Georgia Tech | ACC | |
| 23 | Iowa | Big Ten | |
| 24 | James Madison | 12 | Sun Belt |
| 25 | North Texas | American |