Academic Probation? How to save my scholarship?

Get stabilized and talk to your scholarship office. It’s going to be their decision and there’s not anything you’ll be able to do about it. If you retake all of those failed classes, the new grades should replace the old ones and it’ll be like you never failed anything. My first semester in college was a 1.7. I retook my failed class and ended up with a 3.0 cumulative for my second semester. It’s far from the end of the world.