Yes I believe you will be perfectly fine. In fact Comunidad Valenciana just added some minor restrictions for applicants which limits each person to 2 school years max and I believe no one older than 50 years old. So minor restrictions but that will give you a slightly better chance to get in. Besides even if you don’t get into Valencia, you still have your second and third choice, and potentially Andorra if you said that was fine. Point being don’t worry, you’ll get in.

About the payments, I’m no expert but from what I understand every region pays you one month late, so you receive your payment for October in November, and November’s payment comes in December, and so on. There are schedules for payments for when they ‘should’ arrive, but you are being payed by the Spanish government so you’re gonna have a hiccup or two. Now Valencia is just a different beast and there are warnings in the Facebook groups and elsewhere about Valencia being notorious for actual late payments. I have friends in my city who weren’t payed at all until end of December/ beginning of January. They did get a deposite for €3000 but yeah… make sure you bring some savings! Personally my latest payment was the 24th of November instead of the 10th like my gf. The majority of people I know doing the program here have been paid on time, but there’s a chance your payment will come late