I read because of its potential knowledge
the "its" here is pretty ambiguous
lucrative learning
lucrative is sort of an odd word choice in that it often implies monetary gain
If I were to ever be accepted into your extraordinary center of learning.
I agree to not end your strong essay with this weak statement. You don't want to qualify your statement, be confident! They'd rather read "I would do "this" at your University" than "I could do "this" if you were to ever accept me"