I think I end up saying this on here every year, but it's definitely worth going for!
I picked up one of the PPL scholarships back in '03 and remain forever grateful to GAPAN, it gave me a much wanted start to flying. I haven't looked back since! The whole experience is so much more than just the flying too, you get to meet some very interesting people in the course of applying/being interviewed and at the annual awards bash!
I'll certainly be passing this on to my course director at University to try and get the word around.