Yeah, Mercyhurst University does provide scholarships based on merit. Here are some of them:

Sr. Carolyn Herrmann Scholarships
Total Worth: ranging to more than $20,000
Eligibility: ranging to more than $20,000
Minimum Criteria: Based on High school GPA, SAT or ACT test scores, class rank, and high school coursework
Requirement for maintenance: Maintain CGPA of 3.0
Separate application needed: No
Application deadline: N/A

University Awards
Minimum Criteria: Demonstrate academic promise and the potential to positively contribute to the university’s community
Requirement for maintenance: Maintain CGPA of 2.5
Separate application needed: No

Mercyhurst University provides aids at an average of 17454 per student meeting 50% of students need. 100% of students with need receive financial aid at an average of 15583 need-based grant. They also provide other scholarships including Athletic Scholarships and Performance Scholarships.