We have begun our review of applications for possible interview invitations at [prestigious medical training program]. We have over 700 applicants and can only offer approximately 250 interviews. We have reviewed your application but are unsure at this point if we will be able to offer you an interview. We would like to finish our review of applications and see if we have enough space left to schedule applicants on our "hold" list. We hope to be able to extend you a firm offer to interview in the near future.
Ouch, I'm on the hold list! I wonder, is that like the blacklist? Or the sh--list? Evidently not at all like the wishlist. Hmph.