Mississippi State (8-0) and Florida State (8-0) still hold the top two spots, and Auburn (7-1) is ranked No. 3 for the second consecutive week. Oregon (8-1) moves into the coveted fourth spot, replacing Ole Miss (7-2), which fell to No. 11.
MORE: Fifteen teams that might not go bowling | Ten coaches on hot seat | Bowl projections | SN Podcast
Alabama (7-1) and TCU (7-1) are ranked fifth and sixth, respectively.
The four-team playoff begins Jan. 1. Two teams will play in the Rose Bowl at 5 p.m. ET and the other two will face off in the Sugar Bowl at 8:30 p.m. The winners will play in the College Football Playoff National Championship on Jan. 12 at 8:30 p.m. ET.
The complete CFP selection committee Top 25:
Mississippi State
Florida State
Auburn
Oregon
Alabama
TCU
Kansas State
Michigan State
Arizona State
Notre Dame
Ole Miss
Baylor
Nebraska
Ohio State
Oklahoma
LSU
Utah
UCLA
Arizona
Georgia
Clemson
Duke
West Virginia
Georgia Tech
Wisconsin