Tennessee coach Butch Jones said this week that he was opening up the Volunteers' quarterback competition after junior Justin Worley started the first three games of the season.
Jones said Monday that he would start whichever quarterback performed the best in practice this week.
"If that means a freshman quarterback, that means a freshman quarterback," Jones said Monday. "We'll add more quarterback run into our package this week. We just need to find ways to generate big explosive plays."
Peterman, a redshirt freshman, has gone 6 of 12 for 40 yards with no touchdowns or interceptions in reserve duty this season.
Jones spoke highly of Peterman's maturity this week, saying, "He's the first person in the building every single day. He has a great grasp of knowledge."
Worley is 35 of 57 for 372 yards with five touchdown passes and one interception for the 2-1 Volunteers, who suffered a 59-14 loss at No. 2 Oregon last week.
Information from ESPN's Joe Schad and The Associated Press was used in this report.