I received this question a few times already and it is not exactly a black and white answer. The best way to answer it seems to just be transparent.
Fact #1 We have 20 spots remaining in our incoming class
Fact #2 We have over 80 applications that we are still trying to review (most of these were submitted late).
With the knowledge of the aforementioned facts, I hope you are able to make a decision about submitting an application. If you think you are a competitive applicant who can quickly submit all documents then by all means throw your hat in the ring. If you feel like there are some deficiencies in your application that could be corrected with time, then consider waiting till next year. What facts #1 and #2 tell me we will be pretty selective with the remaining admission spots.
Clear as mud right?
Director of Graduate Admissions