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

Presidential Scholarship
Total Worth: $16,000
Eligibility: $16,000
Minimum Criteria: strong academic achievement, leadership and potential for success
Requirement for maintenance: 3.3 GPA
Application deadline: February 15

D’Alzon Scholarship
Total Worth: $12,000
Eligibility: $12,000
Minimum Criteria: strong academic achievement, leadership and potential for success

Milleret Scholarship
Total Worth: $10,000
Eligibility: $10,000
Minimum Criteria: strong academics

Assumption College provides aids at an average of 28121 per student meeting 73% of students need. 100% of students with need receive financial aid at an average of 23496 need-based grant. They also provide other scholarships including Assumption College Grant and Vocal Music Scholarship.