parott

Given the fact pattern, here’s what I would do:
1.  Sign up for the December CFA L1 exam.
2.  Crush GRE or GMAT.
3.  Actually apply to Princeton and MIT.
4.  Sit for CFA L1 in December.
5.  Wait for CFA results and decisions from MIT and Princeton.
6a.  Go to MIT if accepted.
6b.  If not accepted to MIT, go to Princeton if accepted.
6c.  If not accepted to MIT or Princeton, await L1 results and hopefully sign up for June L2.