The FVB Sports FBS Top 25 ranks the 10 conference leaders and 15 potential wildcards weekly based off of their record and ESPN's Football Power Index. The top 24 will compete in the FBS Playoffs for the National Championship at the end of the regular season. 

2023-24 FVB SPORTS FBS TOP 25 WEEK 5
RANK	TEAM	RECORD	FPI	OFFENSE	DEFENSE	SPECIAL TEAMS
1 ↔	Ohio St	4-0	27.4	9th	14th	70th
2 ↔	Oklahoma	5-0	25.8	7th	7th	43rd
3 ↑2	Texas	5-0	24.2	15th	2nd	129th
4 ↓1	Penn St	5-0	23.9	21st	1st	75th
5 ↑1	Oregon	5-0	23.8	4th	12th	97th
6 ↓2	Georgia	5-0	22.5	17th	21st	121st
7 ↑3	Michigan	5-0	21.5	6th	3rd	89th
8 ↔	Washington	5-0	20	1st	26th	51st
9 ↔	Florida St	4-0	19.9	13th	16th	4th
10 ↑16	Notre Dame	5-1	19.7	8th	24th	60th
11 ↓4	USC	5-0	19.3	2nd	60th	6th
12 ↓1	Miami	4-0	16.7	5th	20th	86th
13 ↓1	North Carolina	4-0	12.8	14th	51st	82nd
14 ↑3	Maryland	5-0	11	20th	47th	23rd
15 ↓1	Louisville	5-0	10.3	23rd	31st	85th
16 ↑2	Kentucky	5-0	8.9	44th	25th	33rd
17 ↑2	Missouri	5-0	7.2	25th	54th	102nd
18 ↑2	Washington St	4-0	6.4	11th	22nd	87th
19 ↑3	Tulane	4-1	3.5	72nd	27th	18th
20 ↑6	Air Force	5-0	3.4	16th	44th	108th
21 ↔	Fresno St	5-0	3.3	32nd	42nd	117th
22 ↑2	Liberty	4-0	1.1	27th	43rd	64th
23 ↔	Marshall	4-0	-.1	79th	53rd	119th
24 ↑2	Toledo	4-1	-.8	53rd	76th	132nd
25 ↑1	James Madison	5-0	-2.5	86th	36th	5th