<p>Dear Colleges00701 : Having spoken with the Honors Program director about this process, perhaps I can share some insights. From the accepted applications, about 250-300 are reviewed for potential inclusion in the Honors Program. Approximately 100 offers in total are made in the first round (with acceptance letters) and a second group is also maintained for additional offers. Please note that these numbers are rough and not carved in stone. The key point here is that the pool is from admitted students, not waitlisted students.</p>