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GLENDALE, Ariz. – Colt McCoy hit Quan Cosby for a 26-yard touchdown with 16 seconds to play, lifting third-ranked Texas to a 24-21 Fiesta Bowl victory over No. 10 Ohio State on Monday night.

AP – Texas quarterback Colt McCoy celebrates as he scores against Ohio State during the third quarter

The Buckeyes nearly pulled off the upset behind quarterbacks Terrelle Pryor and Todd Boeckman but instead went down to another disappointing bowl loss.

McCoy, the Heisman Trophy runner-up, calmly led the Longhorns 78 yards in 11 plays and 1:42 without calling a timeout. On the touchdown, Cosby caught a short pass, slipped a tackle and sprinted toward the goal line before diving into the end zone.

The Longhorns (12-1) rebounded after Ohio State (10-3) had taken a 21-17 lead on a 15-yard run by Dan Herron with 2:05 to go.