Here's how I ranked all of the teams:
6 or more wins - Already Eligible
4 or more wins - Close to Eligible
3 or more losses - On the Fence
5 or more losses - Likely Not Eligible
7 or more losses - Not Eligible
4-3 and 3-2 records are ranked based off of remaining schedule

Already Bowl Eligible (13)
South Florida
NC State
Clemson
Penn State
Ohio State
Wisconsin
TCU
San Diego State
Washington
Washington State
USC
Georgia
Alabama

Close to Bowl Eligible (48)
Central Florida
Navy
Memphis
Houston
SMU
Syracuse
Wake Forest
Miami
Virginia
Virginia Tech
Michigan State
Michigan
Iowa
Oklahoma State
Oklahoma
Texas Tech
Marshall
FIU
WKU
North Texas
Southern Miss
UAB
Ohio
Toledo
NIU
Western Michigan
Colorado State
Boise State
Fresno State
Stanford
California
Oregon
Arizona
Utah
Colorado
Kentucky
South Carolina
Auburn
Texas A&M
LSU
Mississippi State
Appalachian State
Arkansas State
Troy
Notre Dame
Army
Wyoming

On the Fence (46)
UConn
Temple
Tulane
Florida State
Louisville
Georgia Tech
Duke
Maryland
Rutgers
Nebraska
Northwestern
Purdue
Minnesota
Illinois
Texas
Iowa State
Kansas State
WVU
Kansas
FAU
MTSU
ODU
Louisiana Tech
UTSA
Akron
Buffalo
Central Michigan
Ball State
Eastern Michigan
New Mexico
Utah State
Air Force
UNLV
Hawaii
Arizona State
UCLA
Florida
Tennessee
Vanderbilt
Arkansas
ULM
Georgia State
Louisiana-Lafayette
Idaho
South Alabama
NMSU

Close to Not Bowl Eligible (19)
East Carolina
Cincinnati
Tulsa
Boston College
Pitt
North Carolina
Baylor
Rice
Kent State
Bowling Green
Miami (OH)
Nevada
San Jose State
Oregon State
Missouri
Georgia Southern
Texas State
BYU
UMass

Not Bowl Eligible (4)
Charlotte
UTEP
Ole Miss (post-season ban)
Coastal Carolina (FCS transition)