Final OAF ranking (& ratings) for the 2002 college football season:
| Rank | Team Name | Rating | Record | AP | ESPN/USA Today | Bowl Game Results |
| 1 | OHIO STATE | 116.2884 | 14-0 | 1 | 1 | Beat Miami (F) 31-24 |
| 2 | MIAMI (F) | 115.6047 | 12-1 | 2 | 2 | Lost to Ohio State |
| 3 | GEORGIA | 91.5874 | 13-1 | 3 | 3 | Beat Florida State 26-13 |
| 4 | USC | 88.1917 | 12-2 | 4 | 4 | Beat Iowa 38-17 |
| 5 | OKLAHOMA | 87.6763 | 12-2 | 5 | 5 | Beat Washington State 34-14 |
| 6 | KANSAS STATE | 86.0454 | 11-2 | 7 | 6 | Beat Arizona State 34-27 |
| 7 | ALABAMA | 82.1540 | 10-3 | 11 | Probation | No Bowl Game |
| 8 | AUBURN | 81.6746 | 9-4 | 14 | 16 | Beat Penn State 13-9 |
| 9 | TEXAS | 80.0053 | 11-2 | 6 | 7 | Beat LSU 35-20 |
| 10 | TEXAS TECH | 78.7488 | 9-5 | 27 | 28 | Beat Clemson 55-15 |
| 11 | IOWA | 76.4377 | 11-2 | 8 | 8 | Lost to USC |
| 12 | FLORIDA STATE | 75.4727 | 9-5 | 21 | 23 | Lost to Georgia |
| 13 | MARYLAND | 75.1060 | 11-3 | 13 | 13 | Beat Tennessee 30-3 |
| 14 | WASHINGTON STATE | 75.0915 | 10-3 | 10 | 10 | Lost to Oklahoma |
| 15 | MICHIGAN | 74.6524 | 10-3 | 9 | 9 | Beat Florida 38-30 |
| 16 | FLORIDA | 73.8278 | 8-5 | 26 | 24 | Lost to Michigan |
| 17 | TENNESSEE | 72.8621 | 8-5 | NR | NR | Lost to Maryland |
| 18 | NORTH CAROLINA STATE | 72.1900 | 11-3 | 12 | 11 | Beat Notre Dame 28-6 |
| 19 | COLORADO | 72.1436 | 9-5 | 20 | 21 | Lost to Wisconsin |
| 20 | PENN STATE | 71.7231 | 9-4 | 16 | 15 | Lost to Auburn |
| 21 | BOISE STATE | 70.0074 | 12-1 | 15 | 12 | Beat Iowa State 34-16 |
| 22 | LSU | 69.6857 | 7-5 | 31 | 30 | Lost to Texas |
| 23 | NOTRE DAME | 69.0863 | 10-3 | 17 | 17 | Lost to North Carolina State |
| 24 | MISSISSIPPI | 68.6702 | Beat Nebraska 27-23 | |||
| 25 | ARKANSAS | 67.5901 | Lost to Minnesota | |||
| 26 | SOUTHERN FLORIDA | 66.6734 | ||||
| 27 | PITTSBURGH | 66.5739 | ||||
| 28 | BOSTON COLLEGE | 66.4484 | ||||
| 29 | OKLAHOMA STATE | 66.4338 | ||||
| 30 | VIRGINIA | 64.4970 | ||||
| 31 | WEST VIRGINIA | 63.8133 | ||||
| 32 | KENTUCKY | 63.6240 | ||||
| 33 | VIRGINIA TECH | 63.4220 | ||||
| 34 | IOWA STATE | 62.8681 | ||||
| 35 | CLEMSON | 62.4764 | ||||
| 36 | TEXAS A+M | 61.9085 | ||||
| 37 | WISCONSIN | 60.7034 | ||||
| 38 | MINNESOTA | 59.4185 | ||||
| 39 | MISSOURI | 59.2395 | ||||
| 40 | NEBRASKA | 58.9950 | ||||
| 41 | GEORGIA TECH | 58.6870 | ||||
| 42 | WAKE FOREST | 58.5689 | ||||
| 43 | SOUTH CAROLINA | 58.3532 | ||||
| 44 | PURDUE | 55.7220 | ||||
| 45 | WASHINGTON | 55.1012 | ||||
| 46 | UCLA | 53.9979 | ||||
| 47 | ARIZONA STATE | 53.3854 | ||||
| 48 | BGU | 52.7285 | ||||
| 49 | FRESNO STATE | 52.6152 | ||||
| 50 | OREGON STATE | 52.3635 | ||||
| 51 | NORTHERN ILLINOIS | 51.8270 | ||||
| 52 | MARSHALL | 51.6963 | ||||
| 53 | OREGON | 51.0560 | ||||
| 54 | ILLINOIS | 50.7385 | ||||
| 55 | TOLEDO | 50.0720 |