<p>There is really no advantage in waiting to apply. They will use the same information to make their decision, and you will know right away. I say go for the instant decision. Yes or No, you will have your answer, and will be able to make your plans much sooner.</p>
<p>My guess only: You’re probably better off meeting an actual person. If you marginally are rejected, you can appeal – they want to find a way to get you in. Maybe they’re open to swaying if you barely miss it. It’s their job to sign up/admit students. They’ll use the same formula in person as a mailed application.</p>
<p>My D did ‘instant decision’ at Bard a few years back. If my memory is correct, the interview there was more or less the same as every other interview that she had. They asked about her interests, etc. tried to get to know her as a person.</p>