How will no standardized test scores impact applications??

I think applications with tests will definitely be prioritized with most other things being equal. While people with great ECs and good grades will still have good chances, test scores will be beneficial for those who have them because they're the same across the board. Schools don't know whether your AP Calc teacher phoned it in and everyone got As or if they were actually a good teacher. But they do know what test scores mean. This is probably more important for top schools who need as much proof of academic ability as possible. Harvard's statement gives a good view to how elite schools might view testing: "We know that there are fewer opportunities to take the SAT or ACT given the cancellations to date. This means that many students may not be able to take these tests more than once. The fact is that there are diminishing returns in taking these tests multiple times, and we hope students will not feel compelled to do so now or in the future.". Of course that really applies to the top 20 or so schools who likely won't go test optional. Even so students who submit test scores will have a leg-up on students who don't as long as the rest of their application is good.