JPilot90: I understand your disappointment. However, "under consideration" implies that it can go either way - and sounds like a generic term applied to candidates who are clearly good enough to become an airline pilot; but not necessarily good enough for the FPP (whatever good enough means). If I were you I'd try to take the positives from that.
I'd also be cautious about joining any of their self-sponsored courses. You might spend a huge amount of money and find yourself jobless and poor at the end of it all. Better to learn from the experience this time around and wait for the next FPP to open later in the year.
All the best for the future.