Just to put the counter argument to EZY_FR, valid though his points are, I'd wait. EZY will almost certainly be running a similar scheme in the future, so why not give it a year and have a shot at BA/Virgin/EI? If you don't make it, then there's EZY to have a go at next year. With an Engineering degree you'll have a good chance of getting a job in the meantime so waiting a year or two wouldn't be that much of an issue.