What do you mean by “it’s the only nowadays”? The only what?
From looking through this forum it seems the process is very rapid from applying to being given a start date. A matter of a month or two if I’m not mistaken.
The finance will be sorted after you are accepted onto such a programme. Up until that point the assumption is that you've considered the finances carefully and are able to raise the funds.
I think this programme will open again next year, but who knows for certain?