To Copy a Checklist navigate to:
  1. onBoard > Settings > Checklist
  2. Click Copy next to the Name of the Checklist
  3. Enter the new name for the new Checklist
  4. Click Save
  5. Click Edit into the copied Checklist and make any changes you need
Note: What DOES copy over is Transfers Milestones, Steps, Statuses, Admissions Staff, Due Date, Required, Candidate Publishing Options, Order
What DOES NOT copy over is Descriptions, Links, Files, Allow Upload, Recommendation Request (Yes/No and all fields to be filled out regarding Recommendation)

There is an Idea in the Ideas Portal to request this ability https://blackbaudk12.ideas.aha.io/ideas/K12OB-I-873. Please vote for this Idea if you wish to see this functionality added possibly in the future.