ywcaptain:
I am sorry to be the 'eye-opener' here, but most of the applicants will have the requested applicant requirements. Additionally, many will have above and beyond the requirements! It is unfortunately just one of those things, they are looking for certain things within your application, whether thats your age, flying experience or the fact you answered one of their questions in the right way. You won't know what it is they are after as no feedback on your application is given, but all you can do is prep for next year and add onto your application where possible (even if its only 1 year on your age!!).