[jgunnip]

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1. The top two teams in the final BCS Standings will play in the national championship game.

2. The champions of the Atlantic Coast, Big East, Big Ten, Big 12, Pac-10 and Southeastern Conferences automatically qualify for BCS games each year.

3. One team from among the champions of Conference USA, the Mid-American Conference, the Mountain West Conference, the Sun Belt Conference, or the Western Athletic Conference automatically qualify for a BCS game if either: A. Such team is ranked in the top 12 of the final BCS Standings, or, B. Such team is ranked in the top 16 of the final BCS Standings and its ranking in the final BCS Standings is higher than that of a champion of a conference that has an annual automatic berth in one of the BCS bowls.

4. Notre Dame will automatically qualify for a BCS bowl if it is in the top eight of the final BCS Standings.

5. If any of the 10 slots remain open after application of provisions 1 through 4, and an at-large team from a conference with an annual automatic berth for its champion is ranked No. 3 in the final BCS Standings, that team shall become an automatic qualifier.

6. If any of the 10 slots remain open after application of provisions 1 through 5, and if Step No. 5 has not been applied and an at-large team from a conference with an annual automatic berth for its champion is ranked No. 4 in the final BCS Standings, that team shall become an automatic qualifier.

7. If any slots remain unfilled after the placement of all teams qualifying for an automatic berth, then the bowls shall choose their participants from the "pool of eligible teams"

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It would be impossible for 11 teams to be eligible. I think.

If the season ended today 9 teams are eligible are automatically eligible
osu (criteria #1)
Michigan (1)
USC (2)
sec champ (2)
big 12 champ (2)
big east champ (2)
acc champ (2)
boise state (3)
notre dame (4)