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One scenario that I have seen happen is this: let's say a very qualified upperclasswoman is rushing at a competitive school with five chapters: Alpha, Beta, Gamma, Delta, Eta. Alpha, Beta and Gamma are competitive chapters and Delta and Eta are less competitive. After round #1, each woman has to narrow it down to 3 chapters. Based on her outstanding resume, grades, etc. she may be invited back to Alpha, Beta and Gamma for the next round. Therefore she drops Delta and Eta. For the next round, however, Alpha, Beta and Gamma decide cut the vast majority of upperclasswomen and our PNM is one of them. She has no bid. Delta and Eta may have been extremely excited to have her.
While obviously the new release figure methods and upperclasswomen quotas help eliminate the chance of this happening I think this could be one way that an amazing upperclasswoman receives no bid. It's a very simplified example but I think it gets my point across.
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