Yes, cant emphasise enough that you simply cant give up (not that you sound like the type of blokes/esses that would give up easily) - gapan sounds excellent idea with a scholarship handed out in October I believe. Aside from that, I reckon you would still be in high demand by the airlines including Thomson/BACX anyway if you went on a course at FTE.
Personally speaking I tried CTC twice (including flying back from Oz for tests, failing, then flying back again) in pursuit of my dream. Good luck with whatever happens guys and stay in touch.