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

Academic Excellence Scholarship
Total Worth: Full tuition
Eligibility: Full tuition
Requirement for maintenance: 3.5 GPA and full-time, continuous enrollment AND continuing to live on campus for a minimum of 3 years. In addition, students will attend an annual reception with the President of the College, participate as a Keystone Admissions Ambassador at least 3 times per semester, participate in at least one community service project per year of their choice or as part of a class or club, and special projects representing Keystone College
Separate application needed: No

Academic Distinction Scholarship
Total Worth: $13,000 per year
Eligibility: $13,000 per year
Requirement for maintenance: 3.0 GPA and full-time, continuous enrollment
Separate application needed: No

Presidential Scholarship
Total Worth: $9,500 per year
Eligibility: $9,500 per year
Requirement for maintenance: 2.75 GPA and full-time, continuous enrollment
Separate application needed: No

Keystone College provides aids at an average of 17679 per student meeting 66% of students need. 99% of students with need receive financial aid at an average of 1467 need-based grant. They also provide other scholarships including Keystone College Referral Scholarship and Sport & Rec Management Scholarship.