Deferred from Purdue University

So, I was deferred from Purdue University… I guess I am just wondering what that means exactly. I understand that my application was put off until they receive my Spring semester grades; however, is being deferred from Purdue a good thing? I was assuming that if they were not going to consider my application that they would have denied me. How likely is it for a person who is deferred to get accepted? Does anybody know what Purdue’s statistics show on that? I am a transfer student, as well. Sorry for all the blabber, haha. This is just my dream school! Thanks in advance! Hope someone can help me!