2001 Reward Ranking (after bowl games)
| Rank | Name | W | L | Reward | AP | ESPN/USA Today |
| 1 | Miami(Florida) | 12 | 0 | 8.1302 | 1 | 1 |
| 2 | Oregon | 11 | 1 | 6.8632 | 2 | 2 |
| 3 | Tennessee | 11 | 2 | 6.2438 | 4 | 4 |
| 4 | Florida | 10 | 2 | 6.0081 | 3 | 3 |
| 5 | Texas | 11 | 2 | 5.8048 | 5 | 5 |
| 6 | Nebraska | 11 | 2 | 5.4779 | 8 | 7 |
| 7 | WashingtonState | 10 | 2 | 5.3991 | 10 | 11 |
| 8 | Oklahoma | 11 | 2 | 5.3088 | 6 | 6 |
| 9 | LouisianaState | 10 | 3 | 5.2575 | 7 | 8 |
| 10 | Colorado | 10 | 3 | 5.0216 | 9 | 9 |
| 11 | Maryland | 10 | 2 | 4.7740 | 11 | 10 |
| 12 | Stanford | 9 | 3 | 4.7163 | 16 | 17 |
| 13 | Illinois | 10 | 2 | 4.6058 | 12 | 12 |
| 14 | Syracuse | 10 | 3 | 4.1093 | 14 | 14 |
| 15 | SouthCarolina | 9 | 3 | 4.0434 | 13 | 13 |
| 16 | Louisville | 11 | 2 | 3.8816 | 17 | 16 |
| 17 | Georgia | 8 | 4 | 3.6113 | 22 | 25 |
| 18 | BrighamYoung | 12 | 2 | 3.5995 | 25 | 24 |
| 19 | Washington | 8 | 4 | 3.5790 | 19 | 19 |
| 20 | Marshall | 11 | 2 | 3.4974 | 26 | 21 |
| 21 | FresnoState | 11 | 3 | 3.4639 | 27 | 28 |
| 22 | FloridaState | 8 | 4 | 3.3272 | 15 | 15 |
| 23 | UCLA | 7 | 4 | 3.1048 | 38T | 41T |
| 24 | Michigan | 8 | 4 | 3.0477 | 20 | 20 |
| 25 | Toledo | 10 | 2 | 3.0278 | 23 | 22 |
| 26 | BostonCollege | 8 | 4 | 2.7966 | 21 | 23 |
| 27 | Hawaii | 9 | 3 | 2.6180 | 28 | 32 |
| 28 | Mississippi | 7 | 4 | 2.5539 | 36 | NR |
| 29 | TexasA&M | 8 | 4 | 2.5063 | 31 | 30 |
| 30 | VirginiaTech | 8 | 4 | 2.3311 | 18 | 18 |
| 31 | Auburn | 7 | 5 | 2.3117 | NR | 37 |
| 32 | Arkansas | 7 | 5 | 2.3047 | 33 | 33 |
| 33 | GeorgiaTech | 8 | 5 | 2.0137 | 24 | 26 |
| 34 | NorthCarolina | 8 | 5 | 2.0019 | 30 | 27 |
| 35 | Alabama | 7 | 5 | 1.9936 | 37T | 34 |
| 36 | BowlingGreenState | 8 | 3 | 1.9618 | ||
| 37 | BoiseState | 8 | 4 | 1.8314 | ||
| 38 | Utah | 8 | 4 | 1.7028 | ||
| 39 | OhioState | 7 | 5 | 1.4960 | ||
| 40 | KansasState | 6 | 6 | 1.4280 | ||
| 41 | TexasTech | 7 | 5 | 1.4254 | ||
| 42 | NorthCarolinaState | 7 | 5 | 1.3928 | ||
| 43 | Clemson | 7 | 5 | 1.3615 | ||
| 44 | SouthFlorida | 8 | 3 | 1.3537 | ||
| 45 | SouthernCalifornia | 6 | 6 | 1.3011 | ||
| 46 | MiddleTennesseeState | 8 | 3 | 1.2830 | ||
| 47 | NotreDame | 5 | 6 | 1.2105 | ||
| 48 | Pittsburgh | 7 | 5 | 1.1916 | ||
| 49 | Rice | 8 | 4 | 1.1842 | ||
| 50 | IowaState | 7 | 5 | 1.1799 | ||
| 51 | WakeForest | 6 | 5 | 1.1137 | ||
| 52 | TroyState | 7 | 4 | 1.0254 | ||
| 53 | OregonState | 5 | 6 | 1.0102 | ||
| 54 | PennState | 5 | 6 | 0.9679 | ||
| 55 | Purdue | 6 | 6 | 0.9099 | ||