You are overriding the $ variable inside your function, because you have an argument with the same name.
Remove the $ argument and $ will again refer to the global scoped one, equal to jQuery.
jQuery(window).load(function () {
'use strict';
/* Preloader */
$(".status").fadeOut();
$(".preloader").delay(1000).fadeOut("slow");
}); /* END WIDNOW LOAD */
You can use a parameter for the handler function passed into load. I suggest the same as Anik Islam Abhi's answer: use another name for the argument. For example e or eventArgs.
Note that you (or others landing here) might actually be trying to use a pattern that makes sure jQuery is available as $ inside certain scope (e.g. because there may be a conflict with another library also declaring $ in global scope). If that's the case, I suggest something along these lines:
(function($) {
$(window).load(function () {
'use strict';
/* Preloader */
$(".status").fadeOut();
$(".preloader").delay(1000).fadeOut("slow");
}); /* END WIDNOW LOAD */
}(jQuery));
This will wrap all your code inside a function which is executed immediately with jQuery passed in as an argument. Because $ is the name of the argument of that function, you'll know for sure that $ is equal to the global jQuery within that function's scope.