Obtaining funding means that it has been approved, which can be found on the website, and you have received the approval document.
After being approved, there are still many procedures to go through, such as applying for schools, going through procedures to go abroad, passports, air tickets, etc.; the funds are not allocated immediately to the individual, but to the consulates in various countries and regions. After you arrive at your destination, contact the consulate to register.
Later, funding fees began to be received one after another, and only then did the implementation of the study abroad fund begin.
Generally speaking, after approval, there is a 2-year implementation period (the time varies for each project), which means that it must be released within 2 years, otherwise it will expire and become invalid.
Not executed means that you have not gone out yet (are waiting to go out or are preparing to practice going out).