Is WTP 100 needed for Coop?

I'm going into my 3rd semester, and I have 4 days left to submit my application for WTP 100.
What I heard from talking to someone working at Seneca Works is that WTP100 is not necessarily required for everyone who wants to do a Coop after 3rd sem. Is this true?

I've previously worked as a digital marketer in Vancouver so I already know how to design and write my cv and cover letter, not to mention the application process; so I was wondering if I'll be wasting $500 if building resume is all we're gonna do in that 'course'.

If someone can share their experiences and opinions taking the WTP100, I'll be happy to hear it.
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