For each academic year in which a student receives one or more scholarships under the program, the student must:
(1) complete for that year:
(A) at least 75 percent of all credit hours attempted, as determined by the institution of higher education in which the student is enrolled; and
(B) at least 30 credit hours or the number of credit hours needed to complete the student's degree or certificate program, whichever is less; and
(2) maintain an overall grade point average of at least 3.25 on a four-point scale or its equivalent for all coursework attempted at any public or private institution of higher education.