from what I remember with the UT housing waitlist, the earlier you put the better. Like if there were 3 people on the waitlist who wanted august and didn't get it, they're ahead of everyone who put they wanted september, even if someone who put september turned their form in earlier.
I'm just using those months as examples, because by august most people have housing and don't want to move once school starts, so if you can pick an off month you'll get something (because somehow they have openings at odd times like that). When I was on the list I said I wanted July move in and I got called early August, but I had already bought a condo.
Actually, the way the waitlist works is a little different. My girlfriend and I hounded the workers for info while we were camping out to turn in our app...
(There are two lists -- one for each complex, and they both work the same.)
They compile the list in the order that applications are received. The
order of the list always stays the same. What changes is your eligibility for vacant units, which is based on the move-in month you list. So, before the month you listed, you're "grayed-out" on the Excel sheet they use. Even if you are first on the list, any available units will go to the first people below you who have listed earlier move-in months. After your move-in month arrives, your name is un-grayed-out on the Excel sheet, and you'll be eligible for the next available unit as they go down the list.
You can put two units/layouts on each application/wait-list, so whenever one of those apartments is available, they move down the list, offering the apartment to those un-grayed-out applicants who listed that particular layout.
So, if student A selects a November move-in month and gets on the list in February, and student B selects a July move-in month and gets on the list in March, (provided student B hasn't been offered an apartment yet) student A (not student B) would get an apartment that opens up in November.
Once you're offered an apartment, you have 3 days to give them the $200 deposit, and you can choose to move in anytime from 1 to 30 days after the previous tenant moves out.
It's all very confusing, but the bottom line is that the only thing that really matters is how early you get your application in. Selecting a move-in month for before you'd actually be able to move in would not help at all.
My girlfriend and I moved into a one-bedroom in the new complex, and it's super nice. I would say it's worth the application and wait-list hassle.
It's also very easy to control if you want to move-in next year: you just have to be a psycho and show up really early the day before applications can be turned in. We showed up and camped out from 2pm the day before, had a good time, and got near the top of the list.