This article is about the Division I-AA (now FCS) championship game. For the Division I-A (now FBS) championship game, see 2000 BCS National Championship Game.
Montana finished their regular season with a 10–1 record (8–0 in conference); their only loss had been to Hofstra, 10–9, in the season opener. Seeded first in the playoffs, the Grizzlies defeated 16-seed Eastern Illinois, eight-seed Richmond, and 13-seed Appalachian State to reach the final. This was the third appearance for Montana in a Division I-AA championship game, having won in 1995 and having lost in 1996.
Georgia Southern finished their regular season with a 9–2 record (7–1 in conference); one of their losses had been to Georgia of Division I-A. The Eagles, seeded third, defeated 14-seed McNeese State, 11-seed Hofstra, and second-seed Delaware to reach the final. This was the eighth appearance for Georgia Southern in a Division I-AA championship game, having five prior wins (1985, 1986, 1989, 1990, 1999) and two prior losses (1988, 1998).