I'm just curious what people's take on this situation is and I'm sure I'm not the only one in this position. I'm currently on 2 waitlists at LECOM-B and Touro-NV for the class of 2014. Additionally, I'm on 2 waitlists for SMPs starting this fall (Tufts, EVMS) and I have 2 outstanding SMP apps in Tulane and WesternU.
I was planning on re-applying this cycle in the event that I didn't get into any of the afformentioned programs or re-applying the following year if I were to get into Tufts (since they recommend completion of the program first). The application opens in 2 weeks, I've written a somewhat revised PS, have new ECs and I'm currently retaking a course as well as retook a couple this past summer, so may application has changed since last cycle.
My application could definitely be submitted ASAP so that I could complete much earlier this year than last (I waited to submit till my MCAT scores were in on July 20th and wasn't complete till Aug/Sept) the problem is that if I happen to get off a waitlist come June/July I'm looking at 500 bucks down the drain, something I'm not sure I could afford because that'd likely be my deposit/moving funds if I were to get in

What would you do? Should I suck it up and submit ASAP and update w/ spring grades or summer if I dont' get into the programs or should I wait until I hear everything first?