Early decision - If you have marginal numbers that still help at least one of our medians (usually LSAT), we'll let you in early provided you give up all hope of a scholarship and refrain from applying to our competitors to see what they give you.
Admitted - Your numbers help our medians. Congratulations, here's tens of thousands of dollars! If you were the same person that made two less lucky guesses on the LSAT, we wouldn't give you the time of day.
Rejected - You could have easily just looked up our profile on LSN and determined that you have no chance, but thank you for the fee. And if you got a fee waiver, thank you for helping our selectivity. And LOL @ your softs. It was the numbers all along, bitch.
Application under review - You're on the waitlist, but we just haven't told you yet.
Application held - You're on the waitlist, but we don't want you to freak out and withdraw just yet because your numbers could help us in the future. So we tell you you are on "hold" so you feel better about yourself and about us.
Waitlist - You have almost no hope of getting in, but your numbers are just good enough for us to not want to piss you off just yet.
We are over-extended with our scholarship offers - We have the class profile we want already. That's all that matters to us, so there's no way in hell we're giving you more money, even if it's available. But if it comes to the point where our medians are in jeopardy, then we will love you and give you more. But don't be fooled: we're not going to pay you unless we absolutely have to.
Midlaw - The gap between the fantasy of our reported class salary median and the reality of our big firm placement.
We welcome you to the class of 2013 - See you in hell.