Rhetoric - same as you, right Rhet Man? Were you invited to the welcome days at the end of the month? Also, if a space doesn't open up for you in the PhD, do you still have the option of the MA?
Rejected for the PhD, accepted to the MA with half-funding (+non-guaranteed opportunity to TA) and encouraged to apply to their PhD after the Masters. I'd like to be excited, but it's hard to put it in perspective when I was hoping for a PhD program.