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I voted ongoing...It gives you hope but probably ups the stress level. Much like interviews if you get one at the start of the cycle you feel amazing but the closer it gets to the deadline the more stressful it will get. Then again even with a hard deadline you still will be paranoid the closer it gets.
All I care about though is getting an acceptance from someone.
I would think that the FIFO model (first in, first out) method would be the best, and although this is implied when applying, I've rarely seen it used. I know of people who sent in their apps sooo early but then recieved word sooo late.
Basically, if you are one of the first to submit, you should also be one of the first to hear how you did - either a ding, an admit or even a deferred. as long as you don't wait 2 months biting your nails to heard about a ding.....
Schools should also have a set 'turn-around' time for applications. IE, when an application is submitted, it should be looked at/evaluated within the 1st week of submission in order to meet "general" requirements, and then the 2nd week should be more of this but the end of the 2nd week should bring word to the applicant - ding, admit, deferred.
oh well ..thanks for making our day with the subject nervous ..: ) ...voted for ongoing. not sure how long i can take this eternal wait ...every sms from gmail makes my heart skip a beat .. wish I had completed all schools in R1, its hard to focus on R2 ...