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"After reviewing your application for admission to the Master of Science in Financial Engineering degree program for Summer 2008, the Admissions Committee has decided to place you on our waitlist. Although we are not able to offer you admission at this time, your credentials are strong. Your application is still being actively considered for future openings in this summer's class.

You will be notified of a final decision by May 1."

I'm totally desperate, because I heard Michigan's waitlist is extremely long..... :(:(:(

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