You'll probably get a phone call with the result, although you may have to wait a few days if the person dealing with your application is off sick or something. Once done and passed, Daphne will send you a pack which contains the information on getting insurance, visas, funding with HSBC etc. You'll also be allocated a CTC email address and be given access to their forum. Obviously you will have to stop running around with your pants on your head in sheer glee in order to see any of this happening.