H4 to F1 dropbox

I have a valid H-4 visa and currently in US. I have been admited for my Masters and received my I-20. Am I eligible for dropbox appointment from H-4 visa to F-1?
I am planning to go to India for doing for change of status. Please advise.

Visa waiver aka dropbox is at the discretion of the consular officer.

Based of the DHS notification, you may be eligible for dropbox however in most cases of F1 visa, consulate calls for an interview.