Teams qualifying automatically by winning conference championships
ACC -- Virginia Tech
Big East -- Pittsburgh
Big Ten -- Michigan
Big 12 -- Oklahoma (defeated Colorado in championship game)
Pac-10 -- Southern California
Southeastern -- Auburn (defeated Tennessee in championship game)
Other teams qualifying automatically
No. 4 Texas
No. 6 Utah
Other teams eligible for at-large selection by the bowls
None
Step-by-step process
Pairings
Orange Bowl (championship game) -- Southern California vs. Oklahoma
Fiesta Bowl -- Utah vs. Pittsburgh
Sugar Bowl -- Auburn vs. Virginia Tech
Rose Bowl -- Texas vs. Michigan