Yeah, Indiana University-Purdue University-Fort Wayne does provide scholarships based on merit. Here are some of them:

Excellence Scholarship
Total Worth: $4,000 Tuition Award
Eligibility: $4,000 Tuition Award
Minimum Criteria: High school GPA 3.2 on a 4.0 scale with minimum SAT score of 1380 on a SAT or ACT score of 29+
Requirement for maintenance: Achieve and maintain satisfactory academic progress each term with full time status
Separate application needed: No

Dean’s Scholarship
Total Worth: $1,000 Tuition Award
Eligibility: $1,000 Tuition Award
Minimum Criteria: High school GPA 3.0 on a 4.0 scale with minimum SAT score of 1290 on a SAT or ACT score of 27+
Requirement for maintenance: Achieve and maintain satisfactory academic progress each term with full time status
Separate application needed: No

Out-of-state Merit Scholarship
Total Worth: $7,500.00 Tuition Award
Eligibility: $7,500.00 Tuition Award
Minimum Criteria: High school GPA 3.0 on a 4.0 scale with minimum SAT score of 1290 on a SAT or ACT score of 27+
Requirement for maintenance: Achieve and maintain satisfactory academic progress each term with full time status
Separate application needed: No

Indiana University-Purdue University-Fort Wayne provides aids at an average of 9209 per student meeting 57% of students need. 95% of students with need receive financial aid at an average of 4905 need-based grant. They also provide other scholarships including Music scholarship.