SLU admission and Merit Scholarship

Applying for SLU Med Scholars for which review of application starts only in March. The regular admission decision starts coming out as early as November. If applied for Med Scholars, Do i wait till march to hear for regular admission also, OR Slu informs early if i am accepted in regular and than i wait again to hear back for the Med Scholars decision?

Also- when do you hear about the ‘Merit Scholarship’ ? Rolling admission deadline and scholarship consideration deadline is DEC 1. Does applying early has significant benefits or as long as you apply before DEC 1, you are considered equally.