I'm also a newbie!
I've applied to QEM at the end of february but have heard nothing yet. I'm an EU applicant and I've seen posts on TM which indicate that I shouldn't expect to hear anything until the end of may.
Have you been admitted? If so, when did you complete your application? and are you an EU applicant?
As far as I am aware the Erasmus Mundus funding has been withdrawn this year (probably the winner's curse as the number of applicants had grown exponentially for this course in its short life of 5 years: last year they had 700 applicants for approximately 40 places!)