So far, Miami, Illinois, Oregon and Maryland have guaranteed spots. The SEC and Big 12 will have championship games to determine their champion. Florida, Tennessee, Auburn, LSU, Texas and Colorado are still alive for these spots.
Nebraska, Oklahoma, BYU and Stanford (if they win Saturday)can qualify for at large bids. Florida, Tennessee, Texas and Colorado can also make it as an at large if they don't win the conference title.
As for which bowl they will go to, #1 and #2 will go to the Rose Bowl. The Orange Bowl is tied to the ACC (Maryland), The Sugar Bowl is tied to the SEC. The Fiesta Bowl is tied to the Big 12. The Rose Bowl is normally tied to the Pac 10 and Big 10. The Fiesta Bowl would like to take the Rose Bowl's Pac 10 vs Big 10 matchup if possible.
From a pure money draw, BYU in Arizona would be the best ticket. Doesn't mean they are the best team, but for the money it is a good idea. But BYU has two tough games. Mississippi State has SEC pride on the line and Hawaii, like Utah, loves to play spoiler. Hawaii lives to play BYU, all other games are just wasting time. BYU must win and win big or eligibility would knock them out of consideration.