Hello.
I registered for my degree course at Taylor's and is eligible for the scholarship interview.
However, my parents asked me to find out more information about this JPA scholarship.

May I know how this scholarship works..?
As in the pros and cons..?

Is it somewhat like PTPTN? like a loan kind of thing?
Because as far as I know about PTPTN.. students who got approved of that will be able to loan money for their studies. And if he/she excels in the studies ( which I also dont know how good they would want us to score..), then the loan will be like a scholarship, which means the student won't suffer from a payback after graduate.

Please tell me things I need to know about this scholarship..
Plus, if I'm not mistaken, if I do get this, I would have to give up on my own university's offer.

*** How long does it take for me to know if I can get this..?
*** Pros and Cons of this offer

THANK YOU