<ol>
<li><p>Transfer admissions are separate from regular first-year admissions, and this applies to their respective waitlists as well. There is no point in trying to use RD admission data to predict transfer admission trends.</p></li>
<li><p>That being said, the RD waitlist should still be active. Many schools go to their waitlists later, and some keep using them well into July. (And then, of course, there are some schools that don’t go to their waitlists at all. I don’t know what Reed is doing this year, but just in principle, the RD waitlist should definitely be active past May 15.)</p></li>
<li><p>On that note, the number of available spots for transfer students depends on the number of students who transfer out, not on the yield for the incoming freshman class. Therefore it stands to reason that the number of transfer applicants accepted off the waitlist will depend on the number of accepted transfers who decide to go elsewhere.</p></li>
<li><p>Last year, the overall acceptance rate for transfer applicants was 14%.</p></li>
</ol>