Congrats guys!
enteraka, I was put on the scholarship waitlist also. In a few days you're gonna get an email that tells you to sit tight and wait till sometime in April to find out whether you get any money. There's nothing you can do but sit and wait. They will also tell you that you need to put down you deposit before you find out whether you get scholarship money. However, I would guess that if you have a good scholarship offer from a comparable school you could probably use that to try and negotiate some money before you have to make your deposit. If you don't have any other scholarship offers, then just sit tight till April.
EDIT: Bearstearner just saw your post. Congrats! That's great news! See above for a little info on the scholarship waitlist.