Should I let PhD admissions know that I've been selected as a semifinalist for a scholarship?

[hbvujmxqgakxujty]

Hi y'all. Long-time lurker, first-time poster here. I just received word that I've been selected as a semifinalist for a highly competitive scholarship. Should I update admissions/program officers with a brief email about this news? I did mention in my PhD applications that I would be applying to this scholarship. And although I am aware decisions are around the corner, I'm hoping (perhaps ingenuously) that being a semifinalist might tip any waitlist-related decisions in my favor.

Thank you in advance for fielding this, and any advice you might have!

 

[Gatech_ST]

It definitely won't hurt your chances, ideally they might consider you on non-funded acceptance instead of straight rejection 

Edited February 10, 2020 by Gatech_ST

[avidnote]

Interesting. So you described the potential benefits that you think this might result in; what would the potential drawbacks be?