The team checked into the final regular season RPI release at #36, breaking the school record they had set 2 weeks ago. This, combined with their great win-loss record, combined with their wins over at least 2 tournament teams (this could grow to 3 or 4 come Selection Sunday), means that they should get a first-round match that is winnable. They probably won't be favored, but they can expect the equivalent of a seed somewhere in the 9-12 range if this were the basketball tournament.
For those of you who are new to College Volleyball (Which is almost all of you. Welcome! It's a lot of fun, trust me): The NCAA committee formats the tournament by seeding only the top 16 teams in the country. Each of these 16 hosts an opening-weekend quartet of teams. Outside of the top 16, the rest of the field is divvied up by relative strength, and also vaguely by geographical region (This isn't a huge identifier or rule, but the NCAA won't be paying to fly Towson out to Hawaii for the first round. It is 90% likely that they are sent somewhere East of the Mississippi). As a result, each of the 16 sites has one seeded host team and three unseeded visiting teams. From the look of things, the most likely destinations are Pitt, Penn State, or Kentucky.
Because of this format, they would be all-but guaranteed to have to play one of the top 16 teams in the country by the second round, so the ceiling for this team right now is probably the round of 32. Beyond that, they would have to pull off a huge upset. No matter what, this is a great moment for a program that had been falling just short for almost a decade.