Hi guys!
I have been assessed for the APC 1 month ago by Ryanair and this is more or less how the program is supposed to work.
After a meeting between some flight schools and the representatives of Ryan we were told by our instructors that the company needs many pilots, preferably remaining for some time and that's why the contract is for 6 years and you will be trained for the MCC-JOC course by them. They leave to the flying school the burden of choosing who and how many guys get to the interview (the schools are chosen from Ryanair, from which statistically they hire most of pilots). Once you get the 6 years contract the company will withhold 450 € per month to pay your training (36000€ for the MCC/JOC and TR).
This is a huge opportunity in my opinion, best luck guys!!