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“Selected” on CAF portal

Hello all,

For about 2ish weeks now, the CAF application portal has been at the status of “Selected”. I have yet to receive an offer. What does this status of “selected” mean exactly? Does it mean I have actually secured an offer and am just waiting for it to be sent? If so, how long does it take for them to send an offer after being selected? Thanks
Maybe it means that you are in a pool of pre qualified applicants
 
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