<p>I would do it for the “personal gratification” if I had $5K to spare (which I don’t!). IMO, it won’t help too much with admissions. It seems anyone with enough money can go, and it’s not extremely prestigious. Sure, you were nominated, but it sounds a lot like People to People, GYLC, or NYLF (and whatever other combination of letters you get from national, youth, leaders, conference, forum, etc).</p>