Thank you--that is very helpful! I'll definitely apply in 2019, then.
I have one additional question, and it's a tricky one. I am trying to figure out if I should apply to Columbia Early Decision, and although I have a couple years to decide, I would greatly appreciate your input on this as well. I see a number of pros and cons to going ED:
1. I believe there's a good chance that applying ED will boost my chances of admission to Columbia. If I have a weak interview or some other part of my application (such as work experience) is lacking from the adcoms' perspective, the ED choice could make up for that. The
Decision Tracker results for recent years indicate that your chances of admission at Columbia may be much higher in the early acceptance round, though the applicant pools may also be different.
2. I also think that Columbia could be more likely to give me some scholarship $$$ if I go ED, although I know there's a lot of debate about this.
3. Really not as important, but it would be nice to be done with MBA applications if I find out early that I got admitted there; it would make the rest of the year much less stressful!
4. Submitting the application early (in June or July 2019, for example) would give me more time to work on my other applications. Columbia would be a Round 0.5 of sorts. I know I could also apply early for ED too and just get it out of the way, even if I won't hear back for a while.
5. Columbia' Loan Assistance Program would potentially allow me to pay back much less debt in the long run. If I'm $100,000 in debt when I graduate, but work for a 501(c)(3) nonprofit (which is my plan anyway) and get approved for the program, Columbia could pay off $10,000 in loan money a year for 10 years, which would ultimately be a lot more valuable than a $20,000 scholarship. I know that some other programs offer this as well, and many of them are also on my list of prospective schools.
6. Columbia is, in my mind, tied for "first choice" along with Harvard, UPenn, and Yale. I would be overjoyed to attend any of those schools. So I can say with a straight face that Columbia is "a" first choice school for me.
The disadvantages:
1. If I'm admitted, I won't be able to compare the scholarship/aid packages that any other schools offer me. If I get a substantial scholarship (or a full ride--I can dream, right?) to another school on my list, I won't be able to accept it.
Along with Yale, Columbia, Harvard, and UPenn (my top four choices), I'm also planning to apply to Duke and Cornell in Round 1. If I don't get in to any of those schools, I would plan to apply to Michigan, UNC, Virginia, and Georgetown in Round 2. (All of these are subject to change, of course!) So if one of those schools gives me a much better deal than Columbia, it doesn't matter, and I probably wouldn't ever know anyway.
2. Columbia's Loan Assistance Program looks great, and I think I'll have a good shot at benefiting from it, but I know that it's not an entitlement--so I might not receive money from it after all, or potentially a lot less than I'd expect. If I'm making less than $80,000 (which is quite possible given that I'm most drawn to the social services sector), I could be in rough shape financially for a decade. (This will be a potential problem regardless of what round I apply in, of course.)
What are your thoughts? I know that I have a good shot at getting into Columbia during regular decision as well, but I don't want to take anything for granted, and it seems that going ED could boost my chances. Oh, and declining the ED admissions offer is
not an option for me.
And I suppose I have
one more question: if applying ED makes sense, what might my chances be at getting in if I apply in 2018? (As you can see, part of me is still inclined in that direction--perhaps out of impulsivity.)