Hi,

I am need of advice for a tricky situation.

I have been offered a fully funded PhD at a great University in my home country, starting October. I have the formal offer with me now, which they have given me only 2 weeks to accept.

However, before the interview for the first PhD. I had been enquiring about another very similar PhD project in Australia. Australia being a country I have always wanted to live and study in (having travelled and worked there years before now). I had written the Aus PhD off as a possibility due to no tuition fee funding. However, the supervisor advised after I had informally accepted the first PhD that I had a very good chance of getting a fully funded scholarship, but I would not know if I had been successful until July/August.

I still have a formal application in with the Aus PhD, however apart from looking bad. What consequences could there be if I accept the PhD starting in October 2020. Then in August all funding and everything comes good with the Aus PhD and I withdraw my offer?
I have been completely honest with the supervisors in Australia out my offer here, and they understand but cannot speed up the process at their end.

I am very conflicted, I had never imagined 2 amazing projects would come along at the same time.
I see pros and cons to both projects, Universities and locations. I feel my interest and passion is pointing towards Australia. But I know I could go further in my career with the University and collaborations in my home country.

I had read this is quite common, but it's more the long time frame I am concerned about. Any advise would be much appreciated.

Thank you in advance.