The University of Texas jumped from third place to first in both The Associated Press and United Press International college football polls yesterday.

The Longhorns, having defeated 10th-ranked Oklahoma, 34-14, Saturday, jumped past Penn State, a 38-7 winner over Boston College, and Southern Cal, No. 1 last week before losing to Arizona, 13-10, and dropping to sixth with UPI, seventh with AP.

Texas received 23 first-place votes from the 42 coaches who vote for UPI. The Nittany Lions received the remaining 19 first-place votes. Texas got 35 votes for first from AP's sportswriters and sportscasters, while Penn State got 24, Pitt three.

Pittsburgh inched up to No. 3 in both polls after a 17-0 victory over previously undefeated West Virginia and North Carolina was raised a spot to fourth in both after whipping Wake Forest, 48-10.

Oklahoma, which had appeared in AP's rankings for 147 regular season consecutive weeks since Nov. 25, 1970, fell out of the top 20 with its loss. The Sooners were two shy of the all-time record, Michigan having set the mark of 149 that ended Sept. 23, 1980.

Michigan, the preseason and first-week leader before its defeat by Wisconsin, continued its climb back in both polls. Besides Oklahoma, Alabama and Brigham Young fell out of the top 10s, the Tide having been tied by Southern Mississippi and BYU losing to Nevada-Las Vegas.