Senior Reserve Officers' Training Corps Eligibility Reform Act of 2001

Senior Reserve Officers' Training Corps Eligibility Reform Act of 2001 - Provides for the eligibility of individuals who enlist in the regular armed forces for advanced training under the Senior Reserve Officers' Training Corps (SROTC) program. Makes the general monthly pay rate applicable to active-duty personnel the pay rate for a regular component cadet or midshipman on active duty for field training or practice cruises. Increases from 27 to 35 the maximum age for participation in the SROTC financial assistance program.