Thank you for the help!It depends on if USNA decides to grant a waiver or DODMERB decides to rescind the DQ. In my case I saw my USNA portal updated on a Friday and the DODMERB did not change until a Tuesday, I guess the information just needed to be exchanged between the two organizations. FYI- I did not get an email or a phone call to indicate that my portal status had changed, only when I checked did see the update (which shocked and excited me). The 'Special' instructions changed from "Complete Medical Qualification Exam" to "None" and the overall status changed to CPR.
I do not know for sure about the Conditional offer, my guess is that if USNA really wants you - you'll get one closer to April 15th (this happened to someone last year- and they were able to complete the remedial and report for I-day). The waiver process is started by DODMERB through an information request called a "remedial" and the little box under your information lists DQ and R codes. If the candidate is being considered for a waiver a USNA representative will contact you as it is out of DODMERBs hands at that point as it is the SA's responsibility to issue waivers. I have attached the flow chart link here.