@Canadian Trev
I don't mean to be discouraging but the lowest experience that I have seen for a new hire is about 6,000 with 2,000 jet PIC, I don't know of anybody hired with just the bare minimums, having said that, just apply and see what happens.
@Coltrane
Historically the pass rate has gone up and down, on the latest group that went trough, many were bypassed and some moved on to other jobs since their chances to get another shot were very slim, one of the guys got to OJT and was sent back to the line again as an F/O, I'm not commenting any further in that particular case. There are certainly no guarantees that you will upgrade, some groups seem to all make it but sometimes you get a batch of guys that get shot down.