Sorry if I confused you guys - When I say "checked," I mean verified, not the Nike check-mark.
Once you fill in all your information and click save, that section will become check-marked, "checked". So, you guys are correct that it will be checked in your checklist. However, it is not confirmed and verified until it is CHECKED(or verified that what you entered is correct). However, by that time you would have already e-submitted so it won't matter.
So to OP, it's check-marked once you complete filling it out, but it isn't actually complete until you click e-submit and send in your transcript, then verified what you type in is correct.