Hi,
What state are you applying for? The Natural Science CLEP will not fulfill the requirement for physics with lab, as it is not considered a lab course. I am also looking at that one. another option is uni of new england, maine who offer under Science pre-req. with the School of professional Studies. The only other on-line option I found was oregon state. Also, I looked at using CLEP for Chemistry (as FCCPT do take that), but was told by the South Carolina Board that they will not take it. they want a "proper" lab. I only need 1 Physical Science course.