Through games of Sept. 2, 2023:
| Rank | School (No. 1 votes) | W-L | Points | Prev. |
| 1 | North Central (Ill.) (23) | 1-0 | 623 | 1 |
| 2 | Mount Union (2) | 1-0 | 598 | 2 |
| 3 | Wartburg | 1-0 | 561 | 5 |
| 4 | St. John's | 1-0 | 547 | 6 |
| 5 | Trinity (Texas) | 0-1 | 459 | 4 |
| 6 | Hardin-Simmons | 1-0 | 452 | 8 |
| 7 | Linfield | 0-0 | 447 | 7 |
| 8 | UW-Whitewater | 1-0 | 408 | 11 |
| 9 | UW-River Falls | 1-0 | 398 | 23 |
| 10 | Cortland | 1-0 | 359 | 17 |
| 11 | UW-La Crosse | 1-0 | 353 | 12 |
| 12 | Mary Hardin-Baylor | 0-1 | 329 | 3 |
| 13 | Wheaton (Ill.) | 0-0 | 295 | 13 |
| 14 | Johns Hopkins | 1-0 | 279 | 18 |
| 15 | Randolph-Macon | 1-0 | 277 | 15 |
| 16 | Bethel | 0-0 | 276 | 14 |
| 17 | Carnegie Mellon | 1-0 | 225 | 16 |
| 18 | Ithaca | 0-1 | 182 | 9 |
| 19 | UW-Oshkosh | 1-0 | 177 | 21 |
| 20 | Aurora | 1-0 | 172 | 20 |
| 21 | John Carroll | 0-1 | 151 | 19 |
| 22 | Susquehanna | 1-0 | 137 | 22 |
| 23 | Alma | 1-0 | 89 | 24 |
| 24 | Delaware Valley | 0-1 | 88 | 10 |
| 25 | Salisbury | 1-0 | 69 | 25 |
Dropped out: None.
Others receiving votes: Mount St. Joseph 25; Endicott 24; DePauw 21; Washington & Jefferson 20; Washington U. 16; Utica 10; Berry 9; Howard Payne 8; UW-Platteville 8; Muhlenberg 8; Springfield 6; Stevenson 6; Lake Forest 4; Trinity (Conn.) 3; Albion 2; Heidelberg 2; Belhaven 1; Shenandoah 1.
The D3football.com Top 25 is voted on by a panel of 25 coaches, Sports Information Directors and media members from across the country, and is published weekly. Points are awarded on a 25-24-23-22-etc. basis.