The scheme has been approved at board level. Timescales are unknown to me but the names of the interview/mentoring panel are. So unless a radical decision is made to cancel at late notice then I would not see anything changing.
As for the financial elements. This is not public yet, and still being worked upon. The scheme of old (MYT) had the candidate paying for all costs upto the end of s/e training. The company then picked up everything from m/e training onwards. You were bonded for 5 years on a reduced salary which paid back the bond.
I'm not going to guestimate figures because training costs have changed so much since I went through Cabair!