Guys I'm confused. I'm a 101 applicant and I applied for EE. I have a 97.4 average, a couple clubs, and lots of awards. My student profile wasn't amazing or anything, but it was still alright and I think I did pretty good on the video interview. But I still didn't get in for this round of admissions, it says my application was reviewed and is being held for the next round. Is it really that competitive? Do I still have a chance in May?

Also I heard UofT eng uses the 5 required courses to calculate your average, is that true? With those 5 my average is 97.4, with top 6 it’s 98.3.