The game was played on December 21, 2001, at Finley Stadium, home field of the University of Tennessee at Chattanooga.
[5] Montana finished their regular season with an 11–1 record (7–0 in conference); their only loss was to Hawaii of Division I-A.
Furman finished their regular season with a 9–2 record (7–1 in conference); one of their losses was to Wyoming of Division I-A.
The Paladins, seeded third, defeated Western Kentucky, Lehigh, and second-seed Georgia Southern to reach the final.
† When there is no time left on the clock at the end of the fourth quarter, NCAA rules only allow for a conversion attempt if it could affect the outcome of the game.