Aliyah file sent to Misrad HaPnnim

I began the aliyah process back in January and interviewed back in May. After the interview I was told I needed to submit more documents. Each time they required more documents. The latest word is that the review has been sent directly to Misrad HaPnnim.

(1) Is this a good sign or a bad sign for my application?

(2) How long does this typically take? I'm scheduled to start school on September 4th and several of my documents expires September 10th.