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I am actually at SEAS and know quite a few people (including some of the deans) at GS. Hopefully I can shed some light on this.. GS has dual degree programs, but the fine print is that your app receives no special consideration when you apply as a junior.
You do indeed need to take the GMATs, GRE's, LSATs depending on what grad school you are attempting to apply to. Your undergrad dean, please state his name if you have it, was probably misinformed. They have no control over grad school admissions and your app will be reviewed alongside everyone's application. The only thing GS can do is allow you to apply early.
Since the average age at GS is 29, applying early to a grad school is attractive. However, this is not the same case if you are younger, since if you could get into Columbia Law, business.. etc, you probably also have a good chance at Harvard.
Oh yeah to get back to GS, it is a school for nontraditional students. Classes are taken with other students at Columbia since they do not have classes meant for GS alone. Achieving a high GPA is nearly impossible since they are competing against pre-med students and pre-law students in ALL their classes.
When people talk about prestige, the issue normally centers on schools which are affiliated with Columbia University like Barnard; unlike GS, which is part of Columbia.
Hope this helps!
Good luck everyone
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