Yeah, Appalachian State University does provide scholarships based on merit. Here are some of them:

Wilson Scholars Program
Total Worth: full institutional costs (tuition, fees, room and board, book rental), including out-of-state fees, as well as an annual $2,500 Experiential scholarship
Eligibility: full institutional costs (tuition, fees, room and board, book rental), including out-of-state fees, as well as an annual $2,500 Experiential scholarship
Minimum Criteria: excellent academic records, a demonstrated history of service and leadership
Requirement for maintenance: based upon an acceptable grade point average
Separate application needed: No

Chancellor’s Scholar
Total Worth: Full institutional costs for eight semesters, which include: tuition, fees, book rental, and room and board
Eligibility: Full institutional costs for eight semesters, which include: tuition, fees, book rental, and room and board
Minimum Criteria: A background of superior academic ability based on active, involved learning; competitive SAT (ACT) scores
Requirement for maintenance: a maintained 3.45 academic average

Academic Excellence Scholarship
Total Worth: $10,000 over four years
Eligibility: $10,000 over four years
Minimum Criteria: average high school GPA of 4.39, an average SAT of 1292 and an average ACT score of 29
Requirement for maintenance: a 3.0 cumulative GPA

Appalachian State University provides aids at an average of 9886 per student meeting 68% of students need. 94% of students with need receive financial aid at an average of 9777 need-based grant. They also provide other scholarships including Hayes Young Artist Scholarship and AppalPIE Scholarship Program.