Connection between grants and app submission time?

<p>I applied for BU’s MBA program and got accepted with a nice grant. My application wasn’t submitted until round 3 (March 15). Would there have been a noticeable difference in grant money received if I had submitted during round 1 (last Nov)? Does this amount usually decline as they award grants, or is it pretty steady throughout rounds?</p>

<p>The reason I’m asking is because I’m debating whether I should or should not hold out on my MBA one more year, and save for the next 16 months.</p>