I agree with Falcon.
Years prior they would keep you reboarding if you were not awarded a scholarship right off the bat. In the past year or 2 they changed it to they would do the 1st 3 boards, and the very last is only for reboarding candidates, It is not a true 4th board.... I.E. 1st board to meet.
Whatever is left on the table, be it recipients throwing the scholarship back into the pot or holding off on their part, they at that point will go back and look at the candidates WCS, than offer a scholarship or not.