BigUp wrote:
So, the timing of this fellowship draft is not really optimal. I have been fortunate enough to get into a couple of my round 1 schools (non-consortium), but they require that I pay a deposit to hold my spot in the class in late feb/early march. The draft is in mid march. I would definitely attend one of these schools, but I'm hoping for the fellowship from my #1 consortium school...
Anyone else in a similar position? How would you guys approach this?
This is my biggest gripe with the draft system of the Consortium. There is absolutely no benefit to applying round 1 when it comes to fellowships unless you're putting Ross or Yale #1. I was in a similar position as you and just decided to do all my apps round 2. The risk was that my competition would be tougher. But I decided I'd rather see all my financial options in front of me at the same time.
So really you have two choices.
1. Pay the deposit at your round 1 school and wait. If you get a fellowship then you lose a few thousand that you put down for a deposit.
2. Decline admission and gamble on the CGSM fellowship