This is such bullshit. TL;DR: "Hey - the thousands of hours and thousands of dollars you spent doing good real work and good real learning in university level classes and labs are useless and don't demonstrate your commitment to to engineering. Show me some shitty youtube video you did on a lark and you're in!"
You're also filtering out people who aren't privileged enough to burn Mom and Dad's money outside of class on their radio shack electrics hobbies. I can only assume that is intentional.
I'll take the student who did well in class and has a life outside engineering. I'll take that student every time.