Being in this limbo state between acceptance and rejection can undoubtedly be stressful, given the uncertainty involved. But hope is far from lost, and the underlying message is a positive one. Being waitlisted means that your target school feels your application is solid and that you could make a good addition to the next incoming class. However, the admissions committee needs more time to see how that class is shaping up before it can make a final decision. So, what should you do (and not do) in the meantime?