The sophomore keeper made a big impact for the Terps in her first collegiate tournament.
The Terps lay claim to eight of the last 10 Tewaaraton awards.
Lizzie Colson, Brindi Griffin and Grace Griffin received the honor.
Taylor is the first lacrosse player ever to be named a finalist for the award.
"They played awesome, and it was just really exciting."
2019 ended with a pair of awards for Maryland women's lacrosse.
The two Maryland coaching legends were rewarded for their wonderful coaching efforts.
Julia Braig, Jen Giles and Megan Taylor made the first team.