No it isn't late at all. The documents, interviews, test scores, etc. will not be due until late September before the first board meets in October. They use High School grades through the end of Junior year, so it would make sense the application would open after the end of the school year. Most applicants do not finish their applications until much later, for the second and third boards. Only about 300 scholarships are awarded the first board, historically, with more like 1000 on each of the last two boards. Good luck, and just focus on grades, studying for ACT/SAT (as scores matter), school activities, especially with leadership, and get/stay fit for the fitness test. It will go faster than you think it will!