I'm barely passing my classes last semester of HS. Is my Presidential Scholarship at risk?

I can’t answer the question because I don’t know the university’s policy, but isn’t there time in the next month to bring those Ds up to Cs and the Cs up to Bs? Rather than worry about getting rescinded, perhaps your energy should go into fixing the problem rather than just settling for low grades. If you have to fight for yourself with the college, this approach to trying to fix the problem will likely go further than giving up.