I interviewed there in early november and was accepted recently. I didn't hear about such a list, although most medical schools do have them. In fact, I'm on such a list at a particular school that I like. What they told us at UVM was that most out-of-staters (after they interview) are put on a list that is broken up into tiers. If you are placed in the first 1/3 of the group, you'll most likely get in....... and so on....
Once placed on this list, you gotta call in and find out what position you're in. Remember that this is a list for people after they interview, not before. I thought this info might help to all those interviewing there. For those who are placed "On hold for possible interview", I feel your pain. I don't know what to do about it either! <img src="confused.gif" border="0">