yeah, I say you go with what you can get, and then retake the test as soon as they will allow you. You know, get your foot in the door.
Something almost exactly the same happened (is happening actually) to me at college. I applied for this rather kickass program, Bachelor of Design, and just barely didn't make it (portfolio was excelent they said, highschool marks not so much). So, they have this other program, Art Fundamentals, which is a one year "sampler" for everyone who either can't make up their mind or tried for another course and got turned down. Thats what they offered me, so I took it, and next year I will apply and almost cetainly get into Design (apparently, I was among the next 2 or 3 people down the waiting list, but they were filled up.)
Now that you know what the tests will be, not only will you be bettre prepared but you can practice (I'm assuming, right?) for them. Anyway, congrats on whatever you get, its good to know that all those long hours hunting down Shivans pays off in the real world.