I think finalists must have been informed by now. And the chances of receiving the scholarship without receiving the finalist email is very low. They should have informed by now. I dont think there's any chance now. This is what the guidelines say
i. For master’s programs that provide a letter of acceptance before May 3, 2017: The JJ/WBGSP Secretariat will contact via email each finalist on or before May 1, 2017, and ask he/she to deliver via email by May 3, 2017, a scanned copy of the official letter of acceptance into a preferred master’s program that you have noted on your Application Form, with the letter either: unconditional or conditional only upon securing funding. ii. For the very few master’s programs that start providing letters of acceptance on or after May 3, 2017: The JJ/WBGSP Secretariat will contact via email each finalist on or before May 1, 2017, and ask he/she to deliver to the JJ/WBGSP Secretariat, via email within one week of the date of the letter of acceptance to a preferred master’s program that was noted on his/her Application Form, a scanned copy of that letter of acceptance. The letter of acceptance must be either unconditional or conditional only upon securing funding.