Final OAF ranking (& ratings) for the 1984 college football season:
| Rank | Team Name | Rating | Record | AP | UPI | Bowl Game Results |
| 1 | FLORIDA | 107.2420 | 9-1-1 | 3 | 7 | No Bowl Game |
| 2 | BYU | 103.3259 | 13-0 | 1 | 1 | Beat Michigan 24-17 |
| 3 | WASHINGTON | 100.4429 | 11-2 | 2 | 2 | Beat Oklahoma 28-17 |
| 4 | MICHIGAN | 98.1778 | 6-6 | NR | NR | Lost to BYU |
| 5 | ILLINOIS | 97.0884 | 7-4 | NR | Probation | No Bowl Game |
| 6 | KENTUCKY | 96.5362 | 9-3 | 19 | 19 | Beat Wisconsin 20-19 |
| 7 | WISCONSIN | 95.9544 | 7-4-1 | 30 | NR | Lost to Kentucky |
| 8 | OHIO STATE | 94.3805 | 9-3 | 13 | 12 | Lost to USC |
| 9 | NEBRASKA | 94.0421 | 10-2 | 4 | 3 | Beat LSU 28-10 |
| 10 | BOSTON COLLEGE | 93.2851 | 10-2 | 5 | 4 | Beat Houston 45-28 |
| 11 | PURDUE | 91.7195 | 7-5 | 32 | NR | Lost to Virginia |
| 12 | USC | 91.6738 | 9-3 | 10 | 9 | Beat Ohio State 20-17 |
| 13 | MARYLAND | 91.5422 | 9-3 | 12 | 11 | Beat Tennessee 28-27 |
| 14 | IOWA | 91.2072 | 8-4-1 | 16 | 15 | Beat Texas 55-17 |
| 15 | VIRGINIA | 91.1948 | 8-2-2 | 20 | 17 | Beat Purdue 27-24 |
| 16 | MICHIGAN STATE | 90.1642 | 6-6 | NR | NR | Lost to Army |
| 17 | ARMY | 88.4878 | 7-3-1 | 23 | NR | Beat Michigan State 10-6 |
| 18 | MINNESOTA | 87.7660 | 4-7 | NR | NR | No Bowl Game |
| 19 | OKLAHOMA STATE | 87.1423 | 10-2 | 7 | 5 | Beat South Carolina 21-14 |
| 20 | OKLAHOMA | 86.4579 | 9-2-1 | 6 | 6 | Lost to Washington |
| 21 | RUTGERS | 86.0937 | ||||
| 22 | TENNESSEE | 85.9399 | ||||
| 23 | SYRACUSE | 85.2279 | ||||
| 24 | SOUTH CAROLINA | 84.6346 | ||||
| 25 | LSU | 84.2080 | ||||
| 26 | CLEMSON | 84.1633 | ||||
| 27 | AUBURN | 84.1234 | ||||
| 28 | GEORGIA | 83.1187 | ||||
| 29 | NOTRE DAME | 82.9607 | ||||
| 30 | MIAMI (F) | 82.7768 | ||||
| 31 | FLORIDA STATE | 82.3552 | ||||
| 32 | ALABAMA | 82.1881 | ||||
| 33 | WEST VIRGINIA | 81.7176 | ||||
| 34 | NORTHWESTERN | 81.1294 | ||||
| 35 | GEORGIA TECH | 80.2168 | ||||
| 36 | NORTH CAROLINA | 79.9143 | ||||
| 37 | PENN STATE | 78.7883 | ||||
| 38 | SMU | 78.5649 | ||||
| 39 | TEMPLE | 77.6053 | ||||
| 40 | PITTSBURGH | 75.2504 | ||||
| 41 | HOUSTON | 73.9449 | ||||
| 42 | UCLA | 73.5162 | ||||
| 43 | VANDERBILT | 73.3413 | ||||
| 44 | NAVY | 72.8101 | ||||
| 45 | ARKANSAS | 71.5766 | ||||
| 46 | WAKE FOREST | 71.3122 | ||||
| 47 | VIRGINIA TECH | 71.0563 | ||||
| 48 | TULANE | 70.5405 | ||||
| 49 | MEMPHIS STATE | 70.1131 | ||||
| 50 | BAYLOR | 69.8438 | ||||
| 51 | TEXAS | 68.3165 | ||||
| 52 | WASHINGTON STATE | 68.1685 | ||||
| 53 | AIR FORCE | 67.4811 | ||||
| 54 | MISSISSIPPI | 66.1665 | ||||
| 55 | MISSISSIPPI STATE |