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

Trustee Scholarship
Total Worth: Full Tuition
Eligibility: Full Tuition
Minimum Criteria: Top 2% of their graduating classes (or GPAs above 3.95) and either SAT scores above 500 in each section or an ACT composite score of at least 21
Requirement for maintenance: Maintain a GPA of 3.2 while enrolled at Newbury
Separate application needed: No

Presidential Scholarship
Total Worth: $23,000 per year
Eligibility: $23,000 per year
Minimum Criteria: GPAs above 3.5 and either SAT scores above 500 in each section or an ACT composite score of at least 21
Requirement for maintenance: Maintain a GPA of 3.0 while enrolled at Newbury
Separate application needed: No

Distinguished Scholarship
Total Worth: $19,000 per year
Eligibility: $19,000 per year
Minimum Criteria: GPAs above 3.0 who have succeeded academically and who can contribute to the rich and vibrant life of the Newbury College community
Requirement for maintenance: GPA of at least 2.5
Separate application needed: No

Newbury College provides aids at an average of 13034 per student meeting 47% of students need. 99% of students with need receive financial aid at an average of 9778 need-based grant. They also provide other scholarships including Leadership Award and Community Service Award.