Applying to Pathways Internships and possibly delaying graduation.

So I am a grad student who is set to graduate in May. And I found a dream internship on usajobs and applied. The only problem is that I graduate before the internship begins.

My resume says graduation anticipated in May, but In my cover letter I mentioned that I would be more than willing to delay graduation.

Just out of inpatient curiosity, does any one know if my resume will automatically disqualify me? Or is it possible they may work with me if I move my graduation?

As side question, the posting said greater than 50% over night travel. Are the travel %s usually accurate? Or is it just something they have to put there?