Having a PPL doesn't normally exclude you from most sponsorship schemes, although there have been one or two where it might have done. If you think about it, an interviewer might think it a little odd if the applicant before him professed to have always wanted to fly, yet had never done any flying!
Equally, the fact that your PPL had been gained through a scholarship will have no effect on a sponsorship application - other than to show that you'd impressed someone in the past!
However - a 5 year degree? Are you perhaps on a medical course? If so, you will struggle to find time to fly. I used to be CFI on a University Air Squadron (and you should check out the one your university is affiliated to) and our medical students were rarely able to take part in any of our activities. Conversely, the geography students were never out of the place!
Scroggs
Virgin/Wannabes Moderator
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