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

First Year Student Scholarship
Minimum Criteria: at least an 80 high school grade point average
Requirement for maintenance: 3.0 grade point average
Separate application needed: Yes

College at Old Westbury provides aids at an average of 9915 per student meeting 54% of students need. 93% of students with need receive financial aid at an average of 7272 need-based grant. They also provide other scholarships including SUNY Old Westbury STEM Scholarship and Robert Plan Scholarship.