Nominated for US Presidential Scholar candidate, do I need to update colleges?

I just got nominated as a US Presidential Scholar Candidate, do I need to update colleges, especially Ivies?
The Ivy schools that I have am applying to have a portal for applicant to upload materials. I have uploaded one thing last week, not sure if I should update again with this Presidential Scholar Candidate. I called one of the schools, and they said I can upload the notification letter. I am not sure it is wise to do that.

Any inputs are really appreciated.

First, congratulations! Personally, I think that being nominated as a Presidential Scholar is just a formal recognition for things that are probably already evident in your application, namely super high scores. Although it is a wonderful recognition, I don’t think it will move the dial on your application and the timing means that it is not typically an honor that plays into the application cycle.

@Faulkner1897 thanks for your input!
This college application process is very stressful and disappointing, this is the first time in my life that I feel that life is so unfair. I see “average” kids in my schools got accepted by top schools because of legacy, connection etc. But what I have earned by my hard work doesn’t matter much.

@Apple349 - Did you receive the second email with the login info from US Presidential Scholar? My daughter received the first which said another one was coming but never received the next.

Go ahead and update your colleges.

I am also in the same situation! I would agree with Faulkner that it isn’t very necessary to update colleges regarding this because the Presidential Scholars nomination is just a reflection of high test scores in most cases. However, I asked my college counselor and they said if you had a different award to report along with it (i.e. Cum Laude, competition award, other honor), then it might be worth sending. If not, then I probably wouldn’t bother!