He did not practice on Monday and is day-to-day as FSU prepares for an ACC Atlantic showdown with Clemson on Saturday at 8 p.m.
"Knowing him, he'll come out here and practice," FSU coach Jimbo Fisher said. "It would not shock me to see him at practice tomorrow. But it would not shock me if I held him out tomorrow. We'll just wait and see how he feels in the morning."
Fisher said he's not sure about the severity of the injury, but it clearly didn't prevent Ponder from having his best game of the season on Saturday.
He completed 24 of 34 passes for 264 yards and three touchdowns in the 37-35 loss to UNC.
Ponder has thrown for 1,647 yards, 16 touchdowns and seven interceptions this season. He is completing 61.9 percent of his passes.
Redshirt sophomore E.J. Manuel took all of the first-team reps on Monday. Manuel went through a similar situation last year when Ponder suffered a season-ending shoulder injury late in the loss at Clemson.
"It's kind of like last year I guess, just last year I knew he was out," Manuel said. "There was no question whether I was going to play or not.
"Just prepare like I'm the starter, like I will play Saturday night. I feel like that's the best way to go about it."