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L1B to F1 Status Change - Questions- Please Help

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  • L1B to F1 Status Change - Questions- Please Help

    Hello ,

    I am currently in US on L1 B status & as per company's policy I have to leave US by June end. But i got L1B visa & I-94 until DEC 2019.
    I am looking for schools to join for master's and currently i have the i20 from university.

    I have following question regarding COS process from L1 to F1. Can some one please suggest on:

    1) Can i attend the classes while my COS application is Processing?
    2) If i apply for COS based on the current i20 now ,can i switch the university when i find an better option before joining ? Do i need to submit another application or any doc's if application is pending/approved?
    3) If my COS application got approved before classes start, can i stay in US till semester starts? and Can i work till classes start?
    4) If my employer terminated my L1B by end of June and class starts in august, can i stay in USA with my COS application in processing status?
    5) Best time to resign my job? After COS application got accepted by USCIS? Or Once COS approved? waiting until employer terminated L1B?

    Thanks
    Teja

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