braminc
I see what you're saying. However, in theory those same decisions would have been made early in the draft in March. By the time your application was up for discussion, it is likely that there would be "less $ on the table." I don't think this is really a helpful way to look at it though since we don't really know the intricacies of the process.
Not necessarily, if everything were done in march and say I was rejected for fellowship/admission by my 1st choice, that would leave me and another candidate who ranked that school first in the same position. The school might then decide that they prefer me over that other applicant and provide me the fellowship.
In any case, there's little use worrying yet when I haven't heard back yet from most of the schools I applied to.
Out of curiosity, any other admits from Consortium schools outside of Yale and Ross?Yeah, I think we're getting a bit ahead of ourselves as those are some really intricate possibilities that we don't have line of sight to. However, I tend to agree with @braminc. Regardless if they did everything in March or split up like they are doing it this year, by the time you get to your #2 school, there may be "less money on the table" from that #2 school because they'e already offered out their fellowships to those who placed them as #1.
As far as admits from other Consortium schools, I have been admitted to Emory and Georgetown (R1)