The "ribbons" on a course card help to indicate if it's open to receiving applications or not.

Draft - You'll only see a draft if you created it, or if someone else created it in a school portal that you administer. This means the course page hasn't yet been published. It may be a work in progress. Draft courses are not counted in school reports and are not visible publicly.

Inactive - A course can be set to inactive through its settings tab if it was canceled or was unable to find a company partner. Inactive courses are not counted in school reports and are not visible publicly.

Closed - A published course that has been marked "Closed" to any further company applications, either because it passed its submission deadline or has reached the number of company projects required. This is a public status.

Finished - A published course that has ended. This is a public status.