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

Presidential Scholarships
Total Worth: $20,000 to full tuition
Eligibility: $20,000 to full tuition
Minimum Criteria: outstanding high school achievement and SAT scores exceeding 1200

Caldwell Scholarships
Total Worth: $13,000 to $20,000
Eligibility: $13,000 to $20,000
Minimum Criteria: High School grade point averages above 3.0 and minimum SAT scores of 1000

Nursing Grants
Total Worth: $5,000 to $20,000
Eligibility: $5,000 to $20,000
Minimum Criteria: 3.3 GPA; ACT 21+; 1080+ SAT

Caldwell University provides aids at an average of 32311 per student meeting 79% of students need. 100% of students with need receive financial aid at an average of 28615 need-based grant. They also provide other scholarships including Caldwell Grants and Talent Scholarships.