Chemical Engineering - If you are not awarded the Scholarship, what are your plans?

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

Do not over reach with your response. Offer an explanation only for the plans as required should you not receive the scholarship. Your higher education plans beyond this phase is not really important at this point. It is not something that would make an impression on the reviewer because it is not required information. The statement is strong enough with your explanation regarding how you plan to pursue the best possible grades for yourself during the national college entrance test. That shows that you have a plan B that would help you achieve your professional ambition and foundational career goals. They do not need to know that you will try to enter the university again in the future for your advanced studies. Their focus is only on the current and present status of your application.