A scholastic qualification is indication of a completed package which has gone before the board and 'passed'. At this stage of the cycle, a very positive indication. Probably indicative of a solid candidate.
It means the board has reviewed your entire package and found you qualified on everythng.
The other two inputs to become triple qualified and, hence, eligible for an appointment, is the CFA and DoDMERB.
However, if anything in your profile changes, let CGO know. It may affect your competitiveness.
Now for the part that is somewhat difficult to understand (maybe it is my explanation). While the pass/fail portion of the CFA is its own part of the triple qualification, how well one actually does is reflected in the scholastic qualification. Very very few records go before the board without the CFA being completed so odds are you have taken it and passed. And if you were deducted points on the scholastic qualification due to subpar performance, it was not enough to affect your qualification. Check with your BGO. His record will show if you passed the CFA or not. If you passed and think you can make dramatic improvements, ask the CGO to do it again. If not, just sit back, get your DoDMERB and nominations done (at least four), and wait.