I understand exactly how you feel, and although you think you're prepared, you are always hoping for the positive answer. I applied for the Summer program at my community college that started in May, but was not accepted. So I've applied again for the Fall program that starts in September, and in the long wrong, it is going to be much better for me if I'm accepted then (I won't know til first week of August). It has allowed me to take my last prereq, plus Nutrition, which I'll need for my BSN after I get my ADN. Plus, with my husband being a teacher, he'll be back to work (meaning, have a paycheck coming in) in the Fall, when I'll have to quit my full time job to go to school full time. So, despite my disappointment ( I am so ready to be a full time student and a nurse!) I've realized that "when God closes a door, He opens a window!" And if, for some reason, I'm not accepted for Fall, I'll try again for the Spring program at my current school, plus the CC in the next county...one way or another, I will reach my goal. The secret is just having an alternate plan and determination.
Best of luck to you! Enjoy the "down" time and be gentle with yourself.