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 12
RANK	TEAM	RECORD	FPI	OFFENSE	DEFENSE	SPECIAL TEAMS
1 ↑1	Ohio St	11-0	27.5	8th	4th	81st
2 ↓1	Michigan	11-0	27.2	3rd	1st	89th
3 ↑3	Georgia	11-0	25.5	4th	17th	74th
4 ↔	Alabama	10-1	25.1	20th	8th	30th
5 ↓2	Oregon	10-1	24.9	2nd	16th	119th
6 ↓1	Penn St	9-2	24.4	29th	2nd	7th
7 ↔	Oklahoma	9-2	22.2	7th	14th	123rd
8 ↑1	Texas	10-1	21.3	19th	6th	32nd
9 ↓1	Florida St	11-0	20.8	16th	10th	24th
10 ↑16	LSU	8-3	20.6	1st	103rd	124th
11 ↑15	Notre Dame	8-3	20.3	17th	11th	15th
12 ↓2	Washington	11-0	17.7	5th	29th	16th
13 ↓2	Ole Miss	9-2	15.5	13th	36th	96th
14 ↓1	Missouri	9-2	13.6	12th	33rd	86th
15 ↔	Louisville	10-1	13.3	21st	20th	95th
16 ↓2	SMU	9-2	12.5	26th	21st	49th
17 ↔	Iowa	9-2	6.5	126th	5th	13th
18 ↑1	Troy	9-2	4.4	73rd	22nd	46th
19 ↓1	James Madison	10-1	4.1	65th	25th	18th
20 ↔	Liberty	11-0	4	9th	77th	117th
21 ↔	Tulane	10-1	2.8	49th	38th	14th
22 ↑1	Toledo	10-1	1	41st	57th	85th
23 ↑3	UNLV	9-2	.2	48th	71st	3rd
24 ↑2	Miami (OH)	9-2	-1.3	85th	35th	1st
25 ↑1	New Mexico St	9-3	-5.8	33rd	109th	53rd