Looking to save time moderating comments on your channel? Update your comment settings to hold potentially inappropriate comments for review. Choose to approve, remove, hide, or report these comments from your "Held for Review" queue. Details → https://goo.gl/gNJZbE pic.twitter.com/owlSB9qtu2
As you were eligible & applied before June 1st, then you should be receiving an email update in Creator Studio with more info. If your application is being held for an additional review, then you'll get a second update in the near future. Latest update: https://goo.gl/2icqfh