EDIT 2015-04-24: On March 25 I have officially joined The Foundation as a student!
I've done it, I've applied to The Foundation! As the thank-you-submit page says:
While you wait for your acceptance decision, sit tight, relax, and get ready…if you join us for this six month journey, you’ll have one of the most intense, life changing six months of your life.
Should I be accepted, this will certainly mean making time concessions, but I'm ready for it!