The Scarlet Knights are in constant contact with the 6-foot, 175-pound Waters, who has been having a strong combine season.
"They could be (offering) soon," Waters said. "I don't know much about them. I know a little bit about the football program, but I don't know much about it education-wise and everything."
He already visited nearby Miami and Florida, and is hopeful offers could be coming his way.
"I like UM. I like the football program they run," Waters said. "And Florida, that's one of my top schools. I talked to (Miami assistant) Michael Barrow and he talked to me about offering me, but wanting to see more film on me."
However, just because Waters is close to Miami and knows about the program doesn't make him a lock of the Hurricanes offers.
Waters plans on looking hard his desired major, and how he can use that to forward his career after football.
"I'm looking for a school that has the best criminal justice program, because that's what I want to major in," he said. "Growing up, I always wanted to be a policeman. One of my oldest brothers is going to school to be an FBI agent."
For now, though, Waters is focused on improving during the offseason. His strength is in route-running and catching the ball.
"I need to work on my speed," he said. "Sunday, I (ran) a 4.47. That was hand-timed, and I want to get that lower. I'm running sprints, 10- to 20-yard sprints, and working on my lower body."