He plans on taking his time with the recruiting process and has not scheduled any official visits at this time.
As a junior in 2004, the 6-0, 208-pound McCoy rushed for 2,800 yards (9.4 per carry) and 33 touchdowns.
He says he is considering a wide range of schools.
"I'm wide open right now," he said. "I don't really have any favorites. I'm just kind of seeing what's out there and I'm keeping all my options open."
When asked specifically about Ohio State, McCoy said, "It's a nice program. They run the ball a lot. But they just got that real good back from Ohio (Chris Wells)."
Wells is ranked as the No. 1 running back in the country by Scout.com and the No. 3 player overall. McCoy is ranked as the No. 2 running back and the No. 11 player overall.
Having Wells already in the fold will hurt the Buckeyes' chances at landing McCoy.
"I think so," McCoy said. "There's no reason to have two of the top players in the country in the same backfield. You never know though. Maybe we could be like (ex-Auburn running backs) Ronnie Brown and the other guy (Cadillac Williams)."
The opportunity of receiving playing time as a true freshman will factor into McCoy's decision.
"I think it will," he said. "The best players play, and I would like to play right away. But it wouldn't be bad to have someone older than me that I could learn from. It can work both ways."
McCoy grew up as a big Miami Hurricanes fan. His favorite running back of all-time is Barry Sanders.
As for when he will make a decision, he could wait all the way until National Letter of Intent day in early February.
"I'm not really sure, but probably after the season," he said. "I think I am going to wait and take all my visits during the season and after the season, then make my decision after the season."
McCoy does not play any sports other than football at his high school. As for hobbies, he enjoys playing pick-up basketball with his friends. When there's not a game available, he likes to relax and watch television.
McCoy reports a 2.6 GPA and has not yet taken a college entrance exam.