1995 Reward Ranking (before bowl games)
| Rank | Name | W | L | T | Reward | AP | ESPN/USA Today |
| 1 | Nebraska | 11 | 0 | 0 | 7.4259 | 1 | 1 |
| 2 | Florida | 12 | 0 | 0 | 7.4142 | 2 | 2 |
| 3 | OhioState | 11 | 1 | 0 | 7.1712 | 4T | 5 |
| 4 | Northwestern | 10 | 1 | 0 | 7.1266 | 3 | 3 |
| 5 | NotreDame | 9 | 2 | 0 | 5.6380 | 6 | 9 |
| 6 | Tennessee | 10 | 1 | 0 | 5.5618 | 4T | 4 |
| 7 | Michigan | 9 | 3 | 0 | 5.1703 | 14 | 14 |
| 8 | Colorado | 9 | 2 | 0 | 4.9326 | 7 | 7 |
| 9 | PennState | 8 | 3 | 0 | 4.8758 | 15 | 16 |
| 10 | Toledo | 10 | 0 | 1 | 4.8721 | 25 | 28 |
| 11 | Kansas | 9 | 2 | 0 | 4.8007 | 11 | 13 |
| 12 | Oregon | 9 | 2 | 0 | 4.7660 | 12 | 12 |
| 13 | Miami(Ohio) | 8 | 2 | 1 | 4.6899 | NR | 38T |
| 14 | KansasState | 9 | 2 | 0 | 4.6426 | 10 | 10 |
| 15 | Texas | 10 | 1 | 1 | 4.6408 | 9 | 6 |
| 16 | SouthernCalifornia | 8 | 2 | 1 | 3.8635 | 17 | 17 |
| 17 | FloridaState | 9 | 2 | 0 | 3.7431 | 8 | 8 |
| 18 | Washington | 7 | 3 | 1 | 3.5857 | 20 | 20 |
| 19 | VirginiaTech | 9 | 2 | 0 | 3.5676 | 13 | 11 |
| 20 | Iowa | 7 | 4 | 0 | 3.2379 | NR | 29 |
| 21 | Auburn | 8 | 3 | 0 | 3.1766 | 16 | 15 |
| 22 | Stanford | 7 | 3 | 1 | 3.1309 | 29 | 26 |
| 23 | MichiganState | 6 | 4 | 1 | 2.9177 | 32 | 32T |
| 24 | Alabama | 8 | 3 | 0 | 2.9026 | 21 | Prob. |
| 25 | EastCarolina | 8 | 3 | 0 | 2.6974 | 30 | 30 |
| 26 | Miami(Florida) | 8 | 3 | 0 | 2.6719 | 22 | Prob. |
| 27 | TexasA&M | 8 | 3 | 0 | 2.6328 | NR | NR |
| 28 | ColoradoState | 8 | 3 | 0 | 2.5441 | 31 | 27 |
| 29 | TexasTech | 8 | 3 | 0 | 2.4884 | 28 | 25 |
| 30 | Illinois | 5 | 5 | 1 | 2.3366 | ||
| 31 | UCLA | 7 | 4 | 0 | 2.2908 | ||
| 32 | Wisconsin | 4 | 5 | 2 | 2.1529 | ||
| 33 | Syracuse | 8 | 3 | 0 | 2.0952 | ||
| 34 | Arkansas | 8 | 4 | 0 | 2.0722 | ||
| 35 | AirForce | 8 | 4 | 0 | 1.9460 | ||
| 36 | Virginia | 8 | 4 | 0 | 1.8976 | ||
| 37 | Utah | 7 | 4 | 0 | 1.7544 | ||
| 38 | ArizonaState | 6 | 5 | 0 | 1.7145 | ||
| 39 | Clemson | 8 | 3 | 0 | 1.6242 | ||
| 40 | LouisianaState | 6 | 4 | 1 | 1.5967 | ||
| 41 | BrighamYoung | 7 | 4 | 0 | 1.5387 | ||
| 42 | Nevada | 9 | 2 | 0 | 1.4656 | ||
| 43 | Purdue | 4 | 6 | 1 | 1.4126 | ||
| 44 | BallState | 7 | 4 | 0 | 1.1888 | ||
| 45 | Baylor | 7 | 4 | 0 | 1.1598 | ||
| 46 | Cincinnati | 6 | 5 | 0 | 1.1067 | ||
| 47 | SanDiegoState | 8 | 4 | 0 | 1.0686 | ||
| 48 | Georgia | 6 | 5 | 0 | 0.9134 | ||
| 49 | Arizona | 6 | 5 | 0 | 0.8884 | ||
| 50 | Oklahoma | 5 |