Number one on the wait list maybe not so bad depending on what your turnover rate is where you live. Have you asked the school what the turnover rate is? Have they already found out how many returning students there will be? Or are they still assuming everyone will return? Can you enroll somewhere and hold off to see if there is spot that opens later in the year? If they say that your child should be in first and that is what they are holding to in someways that shows that they "get it". A good thing in the long run. Its a bummer though to have to wait and see. Good luck!