Speaking from personal experience (I was waitlisted, and sat down with admin shortly after to find out what the actual process was going to be from that point until the end of the cycle), don't automatically treat the waitlist as a rejection. Definitely explore your other options, but don't count WCUCOM as a lost cause. There may have been a few changes to the admission process since last year, but I imagine it is basically the same (depending on the number and statistics of the applicants this year). Interviews were conducted until the end of April or first week of May. After this, there was a final committee meeting where they filled remaining openings in the class (some from the existed waitlist/deferral pile) and compiled a final, ranked waitlist. Students were accepted from this waitlist as early as May (me) and as late as the day or two before orientation. In general, WCU doesn't necessarily try to fill the class quickly. They will accept their favorites immediately after interview; the rest they tend to hold on to until later in the cycle. That way they can consider the class as a whole before making their final admission and waitlist decisions. Again, things could roll completely differently this cycle but that it how it worked last year.
Also, just to clarify...were you officially waitlisted or were you deferred? Because they are treated differently. If you were deferred, their official decision was "no decision" and your application will be reconsidered at every committee meeting between now and the end of the cycle. You may be accepted (or waitlisted, or rejected) at any time. If you are waitlisted you will be reconsidered at that final meeting later in the cycle. If you've already discussed that and I just missed it, my apologies. It's been a long week.
Edit: As far as credibility of the source goes, I was an MBS student last year. Basically either myself or one of my classmates was bugging admin with questions at least once a week during this process. Honestly. Mrs. Donna Day probably moved to her new office with the hope that we wouldn't be able to find her.
So unless we were fed a total line of B.S., it should be fairly accurate.
