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

Presidential Merit Scholarship
Total Worth: $15,000 per year
Eligibility: $15,000 per year
Minimum Criteria: GPA 4.07,High School Rank 94.1%,Composite ACT Score 29
Requirement for maintenance: maintenance of a 2.00 GPA
Separate application needed: No

Trustee Merit Scholarship
Total Worth: $13,000 per year
Eligibility: $13,000 per year
Minimum Criteria: GPA 3.87,High School Rank 85.9%,Composite ACT Score 26
Requirement for maintenance: maintenance of a 2.00 GPA
Separate application needed: No

Deans Merit Scholarship
Total Worth: $11,000 per year
Eligibility: $11,000 per year
Minimum Criteria: GPA 3.67,High School Rank 74%,Composite ACT Score 25
Requirement for maintenance: maintenance of a 2.00 GPA
Separate application needed: No

College of Idaho provides aids at an average of 25141 per student meeting 58% of students need. 100% of students with need receive financial aid at an average of 4157 need-based grant. They also provide other scholarships including Lienhart-Minnick Scholarship and The George Wolfe Endowed Scholarship.