Entered my first art competition

As part of my Professional Development unit, we are asked to enter an open art competition or apply for an MA. I thought about an MA, but don't see that as the right path for me straight after I finished the course next year. I don't have a clue what I want to do after I graduate (also part of PD- Make a 3 year plan), but for now, I am ruling out more formal education.
So, that leaves an art competition. I used http://www.artquest.org.uk/ to help find some possibilities, and came across The Thread Needle Prize.
I have submitted my painting 'Fiery Sunset'

Now, it's about a waiting game, I find out if it has been chosen on the 30th May