I go to Tech for undergrad and there was a decent amount of our students that were wait listed/rejected. Some of the people that were rejected were kind of shocking. I'm not really sure what they looked at when considering at applicants.
Not that I'm on a serious time crunch but I've already heard back from two other programs and have to give them an answer soon. I also have to determine if I need to continue to my lease until next year. Yeah, I'm not panicking or anything. Stressing is my new hobby.