ellioy,
You'll sit in the pool for 12 months. If you don't receive an offer, your file is sent back to DFR in which case you have to apply again through them.
After finishing FSP around 54 weeks ago I received an Army offer, then was told I'm too tall. Before the recent Navy intake I was told I should probably definitely get a call for Navy, which never happened. About to apply again this week through DFR and hoping to sit another OSB sometime before the end of the year.
Hopefully the market picks up for the airlines and they start recruiting again before the end of the year...