Hi,

If you are sure you will get into the other college with high cut-off in the 4th or 5th admission list then you may wait for the admission process of the other college but I think it will be safe to take the admission into the former college where the cut off is less. This will ensure you have a seat & your year will not get wasted. If you get a seat in the college with high cut off then you can cancel the admission in the former college & pay the cancel fees & get admission into the latter one. Do not rush. Wait for the 4th or 5th list only if you are very sure about securing a seat.

Hope this helps.