What exactly is an "extended waiting-list"?
 
It's part of the University of Michigan's admissions system that the Courts have ruled discrimination and therefore, unconstitutional .   First, the extended-waiting-list is not the same as the wait-list or deferred admissions.  Applicants who were first wait-listed, then later rejected, could opt to go on an extended waiting list.  The University held "protected seats" for some "groups" and if they didn't fill these seats with "qualified" applicants from these groups by late summer, then they would start admitting from the "extended-waiting" list.  Just look at how the University itself described the "extended-waiting list":
 
"Because the class is selected on a rolling basis, rather than at one point in time, a certain number of seats is designated during the admissions cycle for in-state students and for certain other groups of students, including, for example, athletes, foreign applicants, underrepresented minority candidates, and ROTC candidates (sometimes referred to as "protected" space). This space is "protected" to enable OUA to achieve the enrollment targets of the University and of the individual units while using a rolling admissions system. If this space is not filled by qualified candidates from the designated groups toward the end of the season, it used to admit students from the postponed pool or the extended waiting list..." from Judge Duggan's decision during the Gratz v. Bollinger case (District Court)

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