your qualifications do not automatically mean you "stand a good chance." i think it is very arrogant to think like that.
Whilst you do need to meet certain qualifying criteria, there are two questions on the sheet which are very particular. i cant remember what they are exactly but from what i can remember, you have a word limit which is very restricting - 100 words i think. go onto the GAPAN website and research there. i met all the criteria yet i didnt get anywhere!
qualifications do not mean automatic acceptance!
good luck anyway!