<p>I got my waitlist letter in the mail today and here's what it said: "The competition this year - more than 29,000 applicants for our freshman class of approximately 1650 - was extremely strong." </p>
<p>If you do the math... 1650/29000 is about 5.6%. Does this mean that only 5.6% were admitted or what? I don't believe it cause that's lower than Harvard.</p>
<p>You are reading it wrong. The number of students that actually accept is 1650, and the yield rate is about 30%. So they will accept about 5000-5500 to get to that #.</p>