Some schools and districts choose to maintain a waiting list of students who have applied but have not been offered a seat due to a lack of openings.
If the school or district that you have applied for uses this feature and chooses to show you your placement status, you will see this information on your parent dashboard.
Some schools/districts also allow for parents to know their actual rank or location on the waiting list, other schools do not provide parents with this information. 
The actual waiting list is managed by the school or district directly and not by SchoolMint's SmartChoice team. If you have questions about your placement status please contact the school or district you have applied to.