UF application status questions

I am going to be getting my AA while in high school and am out of state. I applied to UF and when I checked my admission status it said that they are going to look over my College gpa, completion of prerequisite courses, and transfer admission. So what are my chances of getting in? Is this a good thing or bad thing?

It means UF unfortunately could not admit you as a freshman so now they are going to look at you as a transfer student. Your major and college courses come into play. The sooner you can get the Admissions Office your college transcripts, the sooner you get a decision.