If I understand correctly what you want to do, I think there is. If you have either the DDL, or the actual schema built in SQL Server, you should be fine. Note that the directions below should work for any of the databases that EA recognizes.
Note that in order to do this you will have to create an ODBC data source to connect to your schema.
First, if you only have the DDL, use it to create an instance of the schema in SQL Server.
Open EA, and create a class diagram where you want your new model. Note that when you are done, all the elements in your data model will reside in the same package as the diagram, so make sure this is where you want things to go. [I usually make sure by creating a new, empty package and diagram.]
From the main menu, choose Project / Database Engineering / Import DB Schema from ODBC. In the dialog use the "..." button to set your data source to the target schema. Set the schema owner and check boxes as appropriate for your needs. Usually the default works well, but experiment if need be.
Make sure that the synchronization option is set to Import as New Objects. This will ensure that a new model is created.
You also need to ensure that the Import To... option is set to Diagram & Package. Otherwise the elements will be created but you will end up with a blank diagram.
Invoke the import. When you do, you will see a dialog that presents a list of available things for import. You probably want to click select all, but if not just choose the ones you want. Start the import and things should go smoothly from there.
One note, when EA finishes the import the dialog will remain (for some reason). You need to click the Close button to get back to your new model.
HTH,
David