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Most schools start accepting people in October, and fill up most of their seats quickly. Each applicant who is considered early in the cycle is being compared to all the other applicants who were also early, while being considered late in the cycle means you are being compared to every other applicant regardless of how early or late they applied (so a much larger number), often for a smaller number of seats than the first group. This makes the odds of being accepted much greater early on than later in the cycle.Why is there so much pressure for taking the MCAT as soon as possible and then applying on the first day possible? The UAMS admissions committee doesn't meet until December, and then they meet once more in February before sending out acceptances.
I feel like everyone is rushing the MCAT and slashing their potential study time in half. I'm taking the MCAT August 17. Most would say this is a bad idea, but I haven't had the pre-reqs in years and need time to prepare.
As far as when to take the MCAT, my advisers said to take it the summer before my junior year in college, so that if I needed to retake I could take it in the spring of my junior year and still have my app in on the day AMCAS opens. As LizzyM said, many many schools will start inviting interviews to people who have completed primaries and secondaries in July!! That means people will be interviewing 2 months before your MCAT score even comes back. I know several people who applied the year I did that had an acceptance by the first week of September, before you would even have a complete application (and that's one less seat that you get to fight for).