My daughter wants to graduate a semester early, and I don't think it's a good idea

@Consolation

We largely agree on the main point. Unless OP’s D had all of that squared away a semester or two previously at least, the honors thesis ship has long since sailed.

Most classmates interested in doing honors at my LAC started inquiries during the first semester junior year at the latest and if there was some encouraging signs of support from adviser/department, it largely followed how you described your own experience.

Sounds largely like how most students doing honors thesis at my LAC structured their senior year.