Transferring to university of Miami

hello I am a freshman at Iowa state majoring in exercise science I completed my fall semester with 15 credits and a 3.59 gpa. this spring semester I will take another 15 credits. I wanted to know if I send the common application in, my high school transcripts, my fall semester transcripts, the college report, will I know my acceptance and financial aid package after those items get sent in or will I have to wait to find out my acceptance after I send my 2018 spring semester transcripts.