Hello everyone, new here! I'm in my final undergraduate year and have secured a place in UoBirmingham to do my MSc in Psychology. I also applied for the Birmingham Masters Scholarship and I just received an e-mail that I've been put on the reserve list... Has anyone been in a situation like this and what are the chances? I really don't want to get my hopes up, but the e-mail sounded pretty positive. It's just that... I don't understand. How can you have a reserve list for a scholarship? Do people actually turn down these things? Hopefully someone has been in a similar boat and can share their experiences :)

Yep, people may have another offer and choose that one, so you may have a chance. Good luck!