so busy or barely busy?

I didn't get into the crazy chicken lab, but I'm still planning to graduate in June! It turned out that 40 people were on the waiting list, all of who are graduating seniors concerned that they would have to stay an extra quarter just for the advanced requirement. Due to the large number, the advisor agreed to let us substitute the lab with an extra elective class. I've heard a lot of students enrolled in lab wished they had that option. The lab is rewarding, but extremely demanding. Most of the seniors are preparing for their standardized test (a lot of my friends are taking the MCAT next week...eck), preparing for life after college, on top of school, work, internships, etc. I, along with 39 others, lucked out on the extra stress.
Even though I'm only taking 12 units, this quarter will be busy. I don't know how this thought bypassed my mind, but I need to finish a good draft of my personal statement about a month before the quarter ends. I thought I could write it during the summer while cramming for the TEAs and GRE. No. I need it done in order to ask professors LOR before they go off to who knows where come June. I'm not sure how I'm going to schedule my time because as of now, I'm not juggling studying for my standardized tests and studying for classes very efficantly. I'm aware that I spend hours doing nothing and I have no clue why I waste that time. Senioritis? I'm not allowed to have it.
This blog might be another venue for my procrastination.