Presidential Honors Scholars Program?

<p>I'm a rising sophomore and was sent an email over a month ago saying I should apply for the Presidential Honors Scholars Program. It's a really good program where I can study abroad, take the honors courses for my major, do research, attend lectures, etc. Does anyone know when I should expect to hear back? Either someone who heard back from a previous year or has applied this year? Also, how difficult is it to get accepted into this program?</p>