Will a 302 V8 bolt onto the standard 5 speed tranny?

No, a 302 V8 will not directly bolt onto a standard 5-speed transmission without significant modifications. The issue is the bolt pattern on the transmission's bellhousing doesn't match the bolt pattern on the 302's engine block. The 302 typically uses a different bellhousing pattern than most 5-speed transmissions designed for smaller engines (like the ones often found in Mustangs or other cars where a 302 might be an upgrade). You'd need an adapter plate or a transmission designed to mate with a small-block Ford V8.