I would dig a little deeper into the 3.5 GPA requirement. For instance, is this by semester, year or overall GPA? Can you reapply for the scholarship if you fall below a 3.5, and if so, how quickly? If it’s by the semester it means one difficult class could result in the loss of your scholarship. A C in organic chemistry would mean that anything less than straight A’s in your other courses could mean you’d be spending the next semester or year paying full tuition.
If there’s a grace period (e.g., you have a semester to get your GPA back up) or the average GPA for those departments is north of a 3.5 I’d be less concerned.