Hi Candidate1 -
Your GPA of 3.7 is plenty to get into ASU. I'm almost certain their GPA requirement was 3.5 and above. Therefore, if you get accepted by MCC, you're definitely in at ASU.
I know the process can be confusing! As soon as you can, submit your nursing application for the traditional program. Everybody has to do that, CEP students included. Once you have all the additional co/pre-reqs done you can submit your CEP application too. Some people submit everything together, other people submit their traditional application as soon as they can, then start on the additional classes needed for the CEP, and then submit the CEP application once they've completed those classes.
Not sure where you are in the process, but it sounds as if you're all set with all the classes. Obviously your nursing advisor will (or should) go over your transcripts to be sure.
As far as I'm aware, they accept CEP applications year round too. There are 2 cut-off dates per year.. I can't remember exactly when they are though.
Hopefully you'll get accepted into the CEP, but if for any reason you don't - remember that your traditional application is still winding through the system, and you just need to reapply for the CEP again. Technically, you can keep doing that until either you get a place on the CEP or enough time has passed that you'll get a place on the traditional program. If that doesn't make sense, I can explain in more detail (just ask).
If you recall the flow of classes for the traditional program, it is set up so that you have a bunch of pre-reqs, and then you can take the co-reqs during your nursing program. The reason you have to have all those co-reqs done BEFORE you can apply for the CEP is that you'll have your university classes going on, and simply won't have time to take them! One good thing is, if for some reason you don't get on the CEP (and I'm sure you will, so this is kinda irrelevant, LOL), but at least then your co-reqs are done so you'll have more free time!
Once you get accepted onto the CEP though, I definitely suggest you start on all the paperwork and get everything squared away ASAP. There's a ton of things to be done, and failure to do them in time can cause waves.