I'd say there is a pretty low chance of you getting off of the wait list. I was wait-listed before first year because I simply forgot to hand in the residence form. I was around position ~260 and only moved down 80 positions before school started. There is a lot more demand for residence now too, so it'll probably move even less.
I'd start looking for off-campus housing now if I were you.
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Dillon Dixon
Alumni
Software Engineering and Embedded Systems
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