The rankings are compiled by Sailing World Magazine and determined by the coaches of the ICSA.  Every coach gets 1 vote to rank all the teams. 

Latest Rankings (March 11, 2008)
Coed [#] = first-place votes received, (#) = previous ranking Total Points    
01. Georgetown [9] (4) 344 11. South Florida (13)
169
02. St. Mary's [6] (1)
341 12. SUNY Maritime (15)
163
03. Boston College [3] (2)
318 13. MIT (11) 129
04. Yale (6) 291 14. Boston Univ. (12)
116
05. Roger Williams (3)
282 15. Stanford (14) 113
06. Charleston (7) 279 16. Connecticut College (19)
71
07. Navy (8) 253 17. Eckerd (16) 66
08. Harvard (5) 232 18. Old Dominion (17)
56
09. Brown (9) 191 19. UC Irvine
47
10. Tufts (10) 179 20. Hobart/William Smith (18)
46
Also receiving votes: Vermont (41 points); Salve Regina (24), USMMA/Kings Point (13), Washington College (3)
Women [#] = first-place votes received Total Points    
01. Charleston [17] (1) 269 09. Old Dominion (11)
130
02. Georgetown (3) 259 10. Dartmouth (8)
128
03. Yale (2)
226 11. Stanford (9) 79
04. St. Mary's (5)
219 12. Navy (12) 75
05. Boston College [1] (4) 180 13. Eckerd 47
06. Harvard (6)
175 14. Boston Univ.
25
07. Brown (7)
148 15. Hawaii (13)
19
08. Connecticut College (10)
132
 
Also receiving votes: Hobart/William Smith (17 points), South Florida (16), Coast Guard (12), Wisconsin (2)

A total of 18 coaches, from the following schools, submitted votes for this poll: Boston College, Yale, Columbia, Ohio State, Eckerd, Harvard, College of Charleston, Rhode Island, MIT, Fordham, Bowdoin College, Hobart and William Smith, University of Miami, Dartmouth, Tufts, Brown, Washington State University, and SUNY Maritime.