Essentially, I deferred my acceptance for a year with the note that I was waiting for funding. NEU lost my application last year (even though the material was in on time and I'm an alumnae) and as result, didn't process my information until oh, May of last year. I got accepted, but they said they couldn't give me funding but a good idea was to defer.
So I did. Perhaps you could say I'm on the "waitlist" for funding, but either way I'm admitted I believe!