Because of the return of seven of their top eight players from last season, the Terps are expected to be ranked in the top 10 in preseason polls and have been mentioned as a possible Final Four team.
ESPN.com recently listed Maryland as a No. 2 seed in its latest NCAA tournament bracketology.
Cowan, who put his name into last spring’s NBA draft but did not draw much interest, is considered one of the top returning players in the Big Ten and one of the top returning point guards in the country.
Last season, the 6-foot, 180-pound guard averaged 15.6 points, 4.4 assists and 3.7 rebounds per game in helping to lead the Terps to a 23-11 record and the second round of the NCAA tournament.