A friend of mine just got her waitlist letter from UVA in the mail today. She's got a 3.9/168 and she's a URM. And here I thought they'd be giving her a scholarship...
Could just be that as a complete applicant they weren't sure about her. URM is a strong factor, but doesn't override all other soft factors.
That being said, with a 169/3.63 I'm scared, even with real nice softies