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

Presidential Scholarship for Non-resident
Total Worth: $18,000 per year
Eligibility: $18,000 per year
Minimum Criteria: 33-36 ACT or equivalent SAT score and a minimum 3.5 high school GPA

Heritage Scholarship
Total Worth: $13,000 per year
Eligibility: $13,000 per year
Minimum Criteria: 31-32 ACT or equivalent SAT score and a minimum 3.5 high school GPA

Presidential Scholarship for Residents
Total Worth: $9,624 per year
Eligibility: $9,624 per year
Minimum Criteria: 33-36 ACT or equivalent SAT score and a minimum 3.5 high school GPA
Separate application needed: Yes

Auburn University provides aids at an average of 11644 per student meeting 52% of students need. 100% of students with need receive financial aid at an average of 8751 need-based grant. They also provide other scholarships including Ever to Conquer Scholarship and Board of Trustees Scholarship.