University of Michigan is my dream school

I am an OOS asian female.
SAT: 1980 , 1330 (CR+M)
GPA: 3.8
Extracurricular Activities:
Tri-M Musical Honor Society(President)- 9th-12th
National Honors Society- 10th -12th
International Thespian Society-11-12th
Dance Lessons at local studio- 4th -12th
Student Gov (Prom Committee and Hoco mascot) - 9th-12th
Volunteering at local SPCA and Food Pantry- 9th-12th
School Musicals/Dramas (Cast) - 9th-12th

Senior Year Courseload:
AP Calc AB
AP French
AP Music Theory
AP English
Advanced Orchestra(1st violin)
Advanced Chorus
Government and economics

Past years have included AP US History and honors in all courses.

Would applying Early Action increase my chances? I have the common app done, but I’m not sure whether I should wait to send my Senior year 1st quarter grades or not. Rate my chances?

I would say you have a decent shot!

Early Action does increase your chances from what I heard. GPA is good (I’m assuming it is UW) but the SAT is a bit low for the University of Michigan standard (29 for ACT so through conversion into SAT, you’re around there) but hey, I got in BU with a 32 ACT and a 3.48 UW GPA so probably you will get anyways right?