I emailed the program coordinator back in February and he said that the PGSP applications would be reviewed in the middle of March, with decisions going out shortly thereafter. That said, I still haven't heard anything and my application is still listed as "Under Review" on the website. I've been accepted to some PhD programs though, so I probably won't accept even if they make me an offer. (Only holding out because my girlfriend will be attending another school in Worcester, so I want all my options on the table before I make a decision.)
Good Luck and hopefully they let you know soon!