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

Merit Scholarship Type 1
Total Worth: $20,000
Eligibility: $20,000
Minimum Criteria: GPA: 3.75

Merit Scholarship Type 2
Total Worth: $17,000
Eligibility: $17,000
Minimum Criteria: GPA: 3.5

Merit Scholarship Type 3
Total Worth: $14,000
Eligibility: $14,000
Minimum Criteria: GPA: 3.0

Green Mountain College provides aids at an average of 35224 per student meeting 84% of students need. 100% of students with need receive financial aid at an average of 31321 need-based grant. They also provide other scholarships including GMC Legacy Scholarship and Native American Scholarship.