My DS has now finished his phone interview and is waiting ... I spoke with his honor's program director and the scholarship office and they both said "no problem". The scholarship office recommended that he put his scholarship on "hold" for one semester - enabling him to pick it back up after the CP without losing an eligible semester. That was the option I was hoping for. If he is accepted, then he will meet with Honor's advisor and see if it is worth applying for any college credit at all and, if so, how that would work as far as his required courses and fees/hours. So now we wait ...
DS was accepted Spring Extended today! He got his first choice - attractions!! And the scholarship office says he can just put his scholarship on hold for the spring semester and it will be there waiting for him in the fall! We are so excited!