| Season | 2003–04 |
|---|---|
| Champions | Stranraer |
| Promoted | Stranraer Stirling Albion |
← 2002–03 2004–05 → | |
The 2003–04 Scottish Third Division was won by Stranraer who, along with Stirling Albion, gained promotion to the Second Division. East Stirlingshire finished bottom.
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Stranraer (C, P) | 36 | 24 | 7 | 5 | 87 | 30 | +57 | 79 | Promotion to the Second Division |
| 2 | Stirling Albion (P) | 36 | 23 | 8 | 5 | 78 | 27 | +51 | 77 | |
| 3 | Gretna | 36 | 20 | 8 | 8 | 59 | 39 | +20 | 68 | |
| 4 | Peterhead | 36 | 18 | 7 | 11 | 67 | 37 | +30 | 61 | |
| 5 | Cowdenbeath | 36 | 15 | 10 | 11 | 46 | 39 | +7 | 55 | |
| 6 | Montrose | 36 | 12 | 12 | 12 | 52 | 63 | −11 | 48 | |
| 7 | Queen's Park | 36 | 10 | 11 | 15 | 41 | 53 | −12 | 41 | |
| 8 | Albion Rovers | 36 | 12 | 4 | 20 | 66 | 75 | −9 | 40 | |
| 9 | Elgin City | 36 | 6 | 7 | 23 | 48 | 93 | −45 | 25 | |
| 10 | East Stirlingshire | 36 | 2 | 2 | 32 | 30 | 118 | −88 | 8 |
| Scorer | Goals | Team |
|---|---|---|
 Michael Moore |
24 | Stranraer |
| Scott McLean |
21 | Stirling Albion |
| David Graham |
18 | Stranraer |
| Martin Johnston |
Peterhead | |
| Paul McManus |
Albion Rovers | |
| Martin Cameron |
17 | Gretna |
| Martin Bavidge |
16 | Peterhead |
| Alex Bone |
15 | Elgin City |
| Scott Michie |
13 | Montrose |
| Dene Shields |
12 | Cowdenbeath |
The average attendance for Scottish Third Division clubs for season 2003/04 are shown below:
| Club | Average |
|---|---|
| Stirling Albion | 754 |
| Peterhead | 579 |
| Elgin City | 526 |
| Queen's Park | 516 |
| Stranraer | 513 |
| Gretna | 465 |
| Montrose | 361 |
| Albion Rovers | 348 |
| Cowdenbeath | 306 |
| East Stirlingshire | 278 |
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Fourth division football seasons in Scotland
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| Third Division |
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| League Two |
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| Winners | |
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« 2002–03 2004–05 » | |
| Domestic leagues |
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| Domestic cups |
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| European competitions |
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| Related to national team |
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Club seasons | |
| Premier League |
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| First Division |
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| Second Division |
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| Third Division |
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