There will be a cap of 5,000 complete applications accepted, the announced cap is the same number as the previous year, that opened in January, 2014. Due to the closure of the program for a few years many applicants have been waiting for the opportunity to submit their application therefore the cap was reached in just three weeks. Given that many potential applicants were not able to submit their applications last year , it is likely that the next application cycle will reach its cap as fast as last year therefore it is strongly suggested to have the applications and all required supporting documents prepared prior to the opening date. It is also important to note that applications received before January 2, 2015 will not be accepted and will be returned to the applicant.