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

Molloy College Scholar’s Program
Total Worth: Full tuition
Eligibility: Full tuition
Minimum Criteria: minimum of 95 percent high school average and either a minimum score of 1380 SAT or a minimum of 30 on the ACT
Requirement for maintenance: Minimum cumulative index of 3.5
Application deadline: December 15

Dominican Academic Scholarships
Total Worth: $4,000 to $20,000 per year
Eligibility: $4,000 to $20,000 per year
Minimum Criteria: Based on academic achievement
Requirement for maintenance: Maintain at least a 3.0 cumulative index
Application deadline: March 1

Encarnacion Amor Verde Scholarship
Total Worth: Full tuition
Eligibility: Full tuition
Minimum Criteria: Strong academic background (the equivalent of a B+ high school average) and have demonstrated involvement in and commitment to the Hispanic community
Requirement for maintenance: Maintain an overall cumulative index of 3.0

Molloy College provides aids at an average of 19410 per student meeting 57% of students need. 100% of students with need receive financial aid at an average of 15007 need-based grant. They also provide other scholarships including Athletic Grants and Fine Arts and Performing Arts Scholarships.