Bank of America Student Leaders Program

Hey I just wanted to open this thread to ask if anyone knew how colleges thought of the Bank of America Student Leaders Program. Apparently it is extremely competitive, with only a 3.6% acceptance rate, but I don’t really know if that translates into anything. If someone could enlighten me, it would be greatly appreciated.

I’m pretty sure that colleges view it as an extremely prestigious program. I go to a highly competitive private high school (~15 kids to Stanford, 20+ to Ivies each year out of a class of 200) and my college counselor was blown away by the program and said that it will definitely have an impact on college applications.