He carded a 7-over 78 on the par-71, 6,849-yard course. Day 2 was rained out.
It was the ninth career top-40 showing in 11 tournaments for the Alaskan.
He led the way for Marian, which finished 12th out of 20 teams.
Dye, of Kenai High fame, has averaged an 18-hole score of 78.1 in 20 rounds.
He is one of just two Alaskans playing currently playing college golf.