N.H. Admin. Code § Stra 1105.03
Participating postsecondary institutions shall be responsible for verifying, on an annual basis, that each of their scholarship recipients are meeting the academic standards required in Stra 1105.01 and Stra 1105.02 using the participating postsecondary institution's academic reports. If at the time of annual verification a scholarship recipient fails to meet the academic standards set forth in Stra 1105.01, the recipient's scholarship amount shall be adjusted by the participating postsecondary institution to the amount with the same requirements listed in Stra 1105.02. If at the time of annual verification a scholarship recipient fails to meet the academic standards set forth in Stra 1105.02, then any remaining portion of that recipient's scholarship award shall be forfeited and returned to the governor's scholarship fund. Verification of academic standards shall be completed by the participating postsecondary institution by June 1st.
N.H. Admin. Code § Stra 1105.03