I was on a F1-CAP GAP period and my H1B application got denied. I am currently on the 60 day grace period and my SEVP is currently inactive. Can I apply for a college and reinstate my SEVP and stay

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In the US without having to depart the country? Or Do I have to go out and re-enter with a new SEVP Record?

Sorry for the rejection. Did EY give the reason for denial? Did they give you option to work from EY Canada?

Yes, I applied for my masters after my OPT expired and was on my grace period.
You can also email the international person you worked with while you where in college and consult with them. I did that and helped me to figure out my next steps with calm mind. Good luck OP!!!

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