2005 Reward Ranking (after bowl games)
| Rank | Name | W | L | Reward | AP | ESPN/USA Today |
| 1 | Texas | 13 | 0 | 8.5938 | 1 | 1 |
| 2 | PennState | 11 | 1 | 7.0596 | 3 | 3 |
| 3 | SouthernCalifornia | 12 | 1 | 6.7292 | 2 | 2 |
| 4 | WestVirginia | 11 | 1 | 6.0601 | 5 | 6 |
| 5 | OhioState | 10 | 2 | 5.7030 | 4 | 4 |
| 6 | VirginiaTech | 11 | 2 | 5.6085 | 7 | 7 |
| 7 | LouisianaState | 11 | 2 | 5.3843 | 6 | 5 |
| 8 | TexasChristian | 11 | 1 | 5.3640 | 11 | 9 |
| 9 | Alabama | 10 | 2 | 5.0844 | 8 | 8 |
| 10 | UCLA | 10 | 2 | 5.0039 | 16 | 13 |
| 11 | Miami(Florida) | 9 | 3 | 4.5183 | 17 | 18 |
| 12 | Oregon | 10 | 2 | 4.3406 | 12T | 12 |
| 13 | Georgia | 10 | 3 | 4.2170 | 10 | 10 |
| 14 | Auburn | 9 | 3 | 4.1772 | 14 | 14 |
| 15 | Wisconsin | 10 | 3 | 4.1524 | 15 | 15 |
| 16 | TexasTech | 9 | 3 | 4.1456 | 20 | 19 |
| 17 | Florida | 9 | 3 | 4.0596 | 12T | 16 |
| 18 | BostonCollege | 9 | 3 | 3.7787 | 18 | 17 |
| 19 | NotreDame | 9 | 3 | 3.7671 | 9 | 11 |
| 20 | Oklahoma | 8 | 4 | 3.4148 | 22 | 22 |
| 21 | Louisville | 9 | 3 | 2.9949 | 19 | 20 |
| 22 | Michigan | 7 | 5 | 2.6987 | 28 | 28 |
| 23 | Nebraska | 8 | 4 | 2.6628 | 24 | 24 |
| 24 | Clemson | 8 | 4 | 2.6583 | 21 | 21 |
| 25 | FloridaState | 8 | 5 | 2.5934 | 23 | 23 |
| 26 | Northwestern | 7 | 5 | 2.3397 | ||
| 27 | Iowa | 7 | 5 | 2.0460 | ||
| 28 | Minnesota | 7 | 5 | 2.0243 | ||
| 29 | GeorgiaTech | 7 | 5 | 1.9992 | ||
| 30 | NorthCarolina | 5 | 6 | 1.8464 | ||
| 31 | Virginia | 7 | 5 | 1.8329 | ||
| 32 | California | 8 | 4 | 1.7563 | ||
| 33 | Kansas | 7 | 5 | 1.7321 | ||
| 34 | Colorado | 7 | 6 | 1.6733 | ||
| 35 | SouthCarolina | 7 | 5 | 1.6713 | ||
| 36 | NorthCarolinaState | 7 | 5 | 1.6673 | ||
| 37 | ArizonaState | 7 | 5 | 1.6225 | ||
| 38 | Nevada | 9 | 3 | 1.5514 | ||
| 39 | Maryland | 5 | 6 | 1.4750 | ||
| 40 | Toledo | 9 | 3 | 1.4407 | ||
| 41 | MichiganState | 5 | 6 | 1.3589 | ||
| 42 | Missouri | 7 | 5 | 1.3361 | ||
| 43 | Tennessee | 5 | 6 | 1.2645 | ||
| 44 | IowaState | 7 | 5 | 1.2134 | ||
| 45 | Tulsa | 9 | 4 | 1.1610 | ||
| 46 | BoiseState | 9 | 4 | 1.1563 | ||
| 47 | Purdue | 5 | 6 | 0.9344 | ||
| 48 | SouthFlorida | 6 | 6 | 0.8257 | ||
| 49 | TexasA&M | 5 | 6 | 0.8189 | ||
| 50 | KansasState | 5 | 6 | 0.7959 | ||
| 51 | Baylor | 5 | 6 | 0.7755 | ||
| 52 | Navy | 8 | 4 | 0.7182 | ||
| 53 | Stanford | 5 | 6 | 0.6296 | ||
| 54 | LouisianaTech | 7 | 4 | 0.5437 | ||
| 55 | Texas-ElPaso | 8 | 4 | 0.5382 | ||
| 56 |