Scholarship / Chemical Engineering - If you are not awarded the Scholarship, what are your plans? [2]

If you are not awarded a Lester B. Pearson International Scholarship, what are your plans for the next four years?

'Should I not receive the Lester B. Pearson International scholarship, I plan on deferring my attention towards the National College Entrance Exam in Indonesia (UTBK) to battle it out against my peers nationwide for a chance to pursue a study in Chemical Engineering at the best technological institute in Indonesia, Institut Teknologi Bandung (ITB). Though it would be a shame for me to not study at the University of Toronto for my undergraduate, I plan on continuing my postgraduate studies at this institution. Whether it means applying for a different scholarship or acquiring student loans'

Could anyone help give me an evaluation? anything i would need to change or maybe add to give more clarity