| 2004 Women's Fastest Lap 2 Time | ||
| Team Name | Lap 2 Time | Lap 2 Rider |
| Alpha Gamma Delta | 41 | Kimberly Trocio |
| Kappa Kappa Gamma | 41.365 | Kelsey Cooper |
| Teter Women | 41.89 | Briana Kovac |
| Kappa Alpha Theta | 41.945 | Leigh A. Frame |
| Army ROTC (W) | 42 | Michelle Lukas |
| Delta Gamma | 42 | Ann Hackett |
| Roadrunners | 42 | Allison Lafferty |
| Phi Mu | 42.555 | Annika Hosni |
| Kappa Delta | 42.64 | Jennifer Gaker |
| Alpha Chi Omega | 42.904 | Vanessa Higgins |
| Chi Omega | 42.981 | Kelsey Duke |
| Mezcla | 43 | Josefa Madrigal |
| Alpha Xi Delta | 43.187 | Julie Morgan |
| Delta Zeta | 44 | Lynn Englum |
| Collins Women | 44 | Marisa Geoghegan |
| Speed | 44 | Cathleen Scott |
| Athena | 44.297 | Anna Schwartz |
| Gamma Phi Beta | 44.886 | Katherine Compagno |
| McNutt Cycling | 45 | Ashley Hawkins |
| Bella Veloce | 45 | Jamie Baldwin |
| Alpha Phi | 45.751 | Amy Bartish |
| Alpha Phi Omega | 46 | Lisa Chavez |
| Cycledelics | 46 | Lean French |
| Delta Delta Delta | 46 | Ashley Doepker |
| Delta Sigma Pi (W) | 46 | Erin Flinn |
| Alpha Kappa Psi | 46.339 | Elena Zervaki |
| Alpha Omicron Pi | 46.592 | Marisa Holman |
| Alpha Delta Pi | 46.641 | Jennifer Keirn |
| Pi Beta Phi | 47 | Trisha Johnson |
| Sigma Delta Tau | 50.264 | Ivy Greenberger |
| Zeta Tau Alpha | 53.27 | Leigh Cohen |
| Alpha Chi Sigma | 56 | Lindsay Gates |