What are the "general" qualifications and what is the acceptance rate for a Low Income Ticket? I'm a student at the University of Minnesota who will graduate this May. I made about $8,000 working this past summer and use it to pay for tuition, rent, food, etc. Fortunately, I have no student debt!

Other than my summer income, I really have nothing else to my name (which is fine by me).
*Based on the little information I've given, do you guys think I'd make a good candidate for the Low Income Ticket and if so, what are the chances of being selected?*
My only concern is to hold out on the LIT to find out I wasn't selected and have to buy a general admission ticket on resale in the summer!
Thanks in advance for your insights and help!