What are your other options?

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You seem to be sitting pretty, especially financially due to the scholarship you are expecting to receive.However, with such adequate work experience, high GMAT score, and international work exposure, I am not sure why you are not aiming for top institutes.

Boston University ranks beyond 35th in any credible business school ranking and ranges between 50 and 70 in most. If you are keen particularly on Universities, then Wharton, Booth, Haas, Fuqua, Kellogg, Stern, Said, Johnson, Judge, etc. are better options.

I would suggest, you assess your potential calmly and accurately, evaluate if you have a brilliant professional record (awards, recognition, raises, job enrichment, etc.), see if you have a good academic track, check for your finances, research very well, seek expert guidance, and then apply for a better course or join not-so-bad Boston University.

The central idea is to explore your possible options and pick the optimal one. All the best!

As sagar@jk said, exploring your options is very important before you make your final decision. It seems like you are interested in a Boston business school, so while you are researching you should check out Babson College. I recently received my MBA there and it was the best career move I could've made. Best of luck with your decision!