Transferring to Cornell for sophomore fall 2016 question

topimpabutterfly
Fri, 15 May 2015 01:17:11 +0000

Cornell has a rolling notification policy for transfer
applicants. If you apply for Fall Semester admission, you
will hear between May and June. If you apply for admission
in the spring, you’ll receive word sometime in November
or December.

If one is required to complete 2 semesters, and decisions come out between May and June, this means only your mid term report for freshman year is sent and considered, correct?