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

President’s Scholars Program (PSP)
Total Worth: full-tuition
Eligibility: full-tuition
Requirement for maintenance: satisfactory academic progress
Separate application needed: yes
Application deadline: January 10

Harvey S. Mudd Scholarship
Total Worth: 10,000 per year
Eligibility: 10,000 per year
Requirement for maintenance: a minimum GPA of 2.75 by the conclusion of each spring term
Separate application needed: no

FIRST Robotics Scholarship
Total Worth: 10,000 per year
Eligibility: 10,000 per year
Requirement for maintenance: a minimum 2.75 cumulative GPA at the end of the student’s second and third years
Separate application needed: yes
Application deadline: January 10

Harvey Mudd College provides aids at an average of 42654 per student meeting 100% of students need. 100% of students with need receive financial aid at an average of 41649 need-based grant.