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

Presidential Scholarship
Total Worth: $15,000 per year
Eligibility: $15,000 per year
Application deadline: April 15

New College National Excellence Award
Total Worth: $17,500 per year
Eligibility: $17,500 per year
Minimum Criteria: National Hispanic Scholar, recognized by the College Board National Hispanic Recognition Program
Application deadline: April 15

Latin American/Caribbean Scholarship Program
Total Worth: $20,000 per year
Eligibility: $20,000 per year
Application deadline: April 15

New College of Florida provides aids at an average of 16063 per student meeting 90% of students need. 100% of students with need receive financial aid at an average of 11802 need-based grant. They also provide other scholarships including State Science and Engineering Fair Award Scholarship.