I wrote out my best understanding of what the most likely scenario is. Check my work: http://www.appstatenation.com/2012/11/0 ... ing-rules/
Here are the official tie-breaker rules:
Championship Determination Tie-breaking Procedures: The Southern Conference champion shall be the team that finishes with the best won-loss percentage in Conference games during the regular season. In the case that two or more schools finish with identical won-loss records, they shall be declared co-champions.
NCAA Automatic Bid Tie-breaking Procedures: The Conference champion shall be awarded an automatic bid to the NCAA FCS Playoffs, provided it is eligible to compete in the post-season under NCAA guidelines. In the event that co-champions are declared, the automatic bid will be awarded as follows:
A. In the case of a two-way tie, the automatic bid will be awarded to the winner of the game between the tied teams during the regular season;
B. In the event of a three-way tie, the won-loss records of the tied teams against each other is first considered (i.e., head to head concept). If the teams are still tied, then each team’s record against the highest seeded team not involved in the tie is considered. If the tie is still not broken, the teams’ won-loss record against the next highest seeded team not involved in the tie is considered and so on down the line until the tie is broken. If the tie is still not broken, the team with the fewest points allowed among the tied teams shall be considered. If this does not resolve the tie, then the automatic bid will be determined by a random draw conducted by the Commissioner;
C. In the event of multiple ties after a three-way tie, the same procedure as used to break a three-way tie will be applied until the tie is broken.