A.J. McCarron (Alabama): He has completed 177 of 261 passes for 2,228 yards and 21 TDs this season for the No. 1 Crimson Tide.
Aaron Murray (Georgia): Murray has thrown for2,892 yards and 29 TDs, completing 207 of 324 pass attempts.
Candidates for the Golden Arm Award -- to be presented Dec. 13 in Baltimore at the Embassy Suites Inner Harbor & Grand Historic Venue -- must be college seniors or fourth-year juniors on schedule to graduate with their class. In addition to their play, finalists are judged on character, citizenship, scholastic achievement and leadership.
NFL Hall of Famer and former Baltimore Colts wide receiver Raymond Berry will deliver the keynote remarks at this year's ceremony.
Past winners include Peyton Manning (Tennessee, 1997); Carson Palmer (USC, 2002); Eli Manning (Ole Miss, 2003); Matt Ryan (Boston College, 2007); Colt McCoy (Texas, 2009); and Andrew Luck (Stanford, 2011).