There will almost always be less data to present, which may lead to less opportunities to speak, less favorable performance reviews (because, let's face it, you have less data), fewer publications (because you have less data) and less
competitive scholarship applications (also because of the data).
I was a
competitive applicant and everything, but no admissions director at any of these top - 25 schools was ever going to review my
application and say, «OMG, GIVE THIS MAN ALL THE
SCHOLARSHIPS!»