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

Presidential Scholars
Total Worth: up to $16,000
Eligibility: up to $16,000
Minimum Criteria: HS GPA greater than 3.80 and/or the top 15% of their class, with ACT scores of 26 or higher or SAT 1250

Otterbein Academic Merit Scholarship
Total Worth: $3,000 – $15,000
Eligibility: $3,000 – $15,000
Minimum Criteria: Based on HS GPA and/or class rank and ACT or SAT score
Requirement for maintenance: 2.75 GPA at the end of the student’s second year

Provost Scholars
Total Worth: up to $12,000
Eligibility: up to $12,000
Minimum Criteria: HS GPA greater than 3.0 and/or the top 25% of their class, with ACT scores of 21 or higher or SAT 1070 or higher

Otterbein University provides aids at an average of 25048 per student meeting 75% of students need. 100% of students with need receive financial aid at an average of 17222 need-based grant. They also provide other scholarships including Music Talent Awards and Talent Awards for Art, Communication, Theater and Dance.