You should definitely apply.
However do think about whether you are likely to want a career change into tech at some point, because if you do, it may be worth waiting and applying for a place with company sponsorship - as this is a fairly unique thing to CFG I'd say and is a very real opportunity for breaking into tech!
I did a different govt sponsored bootcamp before CFG and quite a bit of the material isn't that dissimilar tbh. So there are other ways of learning the "stuff", it can be variable in quality but it's out there, or even just an Udemy course. From my earlier bootcamp people struggled to get even entry level roles- and that was even the case for people who clearly lived and breathed coding and had done for quite a long time! When they did get roles it was after applying to 100s of companies and pay often wasn't that great.
I'd say the two USPs of CFG are 1) all women/non binary people and so the network/support opportunities can be great and 2) company sponsorship - many/most of the companies who work with CFG know that you come off the course with potential rather than as a fully formed and perfect software engineer, and are willing to invest in your L&D further. Many of the companies want career changers with transferable skills, and many of them pay what I think is a pretty good salary for trainee roles. Particularly banking and consultancy.
For a long time I was in an established, non tech career and I hesitated to apply because the timing wasn't right (and I was rejected once too!) and I wasn't sure I wanted to move/take a pay hit etc
I'm glad I waited till the point I did as the company sponsorship is a wonderful opportunity - but it's kind of a one shot deal as you can't retake the CFG degree. So if you think you might want to move into a tech career in future it may be worth waiting and doing shorter CFG courses first, because without the company sponsorship I think it's quite a bit harder to break into a tech career...