Just wondering if someone with good step 1 scores gets a bunch of cool interviews, does the interviews then takes step 2 and fails in December. What happens to them? Are they out of the application cycle?
"Some"??Some programs want applicants to have passed the Steps on their first try.
No.
You are not required to have passed Step 2 to participate in the match unless you are an ECMFG candidate.
The issues:
1) your school may require passing Step 2 to graduate
2) if you cannot graduate on time and start residency July 1, you are not eligible for the match
3) you might be relegated to places with less "cool" interviews
Not necessarily. Some programs will wait for you if they really like you. But otherwise it's certainly not a good thing to fail step 2.
Some programs want applicants to have passed the Steps on their first try.