<p>I should add that if you require financial aid, you will be less likely to be accepted from the waitlist. By the time the waitlist is tapped into, the school has used all of its financial aid money and is looking for students to add to the class who can pay full tuition. This may not apply in all cases, but everyone I know who was accepted off of the waitlist was able to pay full tuition and it is certainly something that influences their decision.</p>