Yeah, Agnes Scott College does provide scholarships based on merit. Here are some of them:

Marvin B. Perry Presidential Scholarships
Total Worth: full tuition, room and board
Eligibility: full tuition, room and board
Minimum Criteria: excel in academics, leadership, character and personal achievement

The Elizabeth Kiss Trailblazer Scholarship
Total Worth: $25,000
Eligibility: $25,000
Minimum Criteria: A 3.75 GPA (as reported by their high school) ; A 1250 SAT score OR A 26 ACT score
Application deadline: January 15

The Alexander and Loris Wasserman Scholarship
Total Worth: $2,500 annually
Eligibility: $2,500 annually
Minimum Criteria: on the basis of academic excellence and commitment to the college’s mission
Requirement for maintenance: enrolled full-time and maintains good academic standing
Separate application needed: Yes

Agnes Scott College provides aids at an average of 36505 per student meeting 85% of students need. 100% of students with need receive financial aid at an average of 31186 need-based grant. They also provide other scholarships including Nannette Hopkins Music Scholarships and Lettie Pate Whitehead Scholarship.