Is it disadvantageous to apply after priority filling deadline?

Hello, I am wondering if I should apply to UIUC, and if I would have a decent shot at merit aid/honors programs even if I submit my app this week. My ACT is 35, my rank is 1/310, and everything else is strong as well.

Check the website, but I think you lose out on a lot of merit aid chances at many schools by applying after the preferred deadline.

The priority date has only one effect. Those that apply by the priority date will be considered first when determining admission to an honors program. it does not mean you won’t be considered for honors if you apply later, only that the priority filers are considered first. Most scholarships are not attached to honors programs and admission to an honors program is neither a prerequisite nor a consideration in determining whether you get one.The Campus Honors program, about 125 freshman, does have a scholarship attached to it, $250 per semester if in-state, and up to something close to the difference between out-of-state and in-state tuition if you are out-of-state. The only college specific honors program that I am aware of that is attached to a scholarship is the Business Honors program, about 40 freshman, who get $4-5,000 a year in-state, $8-9,000 out-of state.

Awesome! Thanks so much.