Yeah, Hobart and William Smith Colleges does provide scholarships based on merit. Here are some of them:

Seneca Scholarship
Total Worth: Full tuition
Eligibility: Full tuition
Minimum Criteria: Based on academic achievements
Separate application needed: No

Presidential Scholarship for Inclusive Excellence
Total Worth: $35,000/year
Eligibility: $35,000/year
Minimum Criteria: Based on academic achievements
Separate application needed: Yes

William Scandling ’49 Trustee Scholarship
Total Worth: $30,000/year
Eligibility: $30,000/year
Minimum Criteria: 3.7 GPA minimum or equivalent, 1370 SAT or 30 ACT
Separate application needed: Yes

Hobart and William Smith Colleges provides aids at an average of 36231 per student meeting 79% of students need. 100% of students with need receive financial aid at an average of 33012 need-based grant. They also provide other scholarships including Edward E. Rigney ’31 Debate Scholarship and Deborah Tall Scholarship for Creative Writing.