I was nominated to apply to be a presidential scholar?

The other week, my counselors called me in and told me that they selected me to apply to be a CTE Presidential Scholar. I looked it up and I know there is no way that I can actually make it all the way, as there are only 20 chosen out of the whole nation. Would it still be beneficial to put on my college apps that I was nominated? The school can only choose one person from the graduating class, and they chose me.

sure. You are allowed 5 spots for Honors and Awards. Choose your top (best) 5 that help you stand out and get noticed. Don’t know how much stock to put in that nomination however.