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

Honors College Scholarship
Minimum Criteria: high school average of 90 or higher, a minimum SAT Critical Reading and Math score of 550 or higher and a minimum cumulative SAT score of 1200 between those two sections or minimum ACT score of 27
Requirement for maintenance: Maintains a 3.30 cumulative QPA, maintains Satisfactory Academic Progress, and continuously enrolls full-time
Application deadline: Priority Deadline: February 1

President’s Scholarship
Requirement for maintenance: Maintains a 3.30 cumulative QPA, maintains Satisfactory Academic Progress, and continuously enrolls full-time
Application deadline: Priority Deadline: February 1

Dean’s Scholarship
Minimum Criteria: Based on academic excellence
Requirement for maintenance: Maintains a 3.30 cumulative QPA, maintains Satisfactory Academic Progress, and continuously enrolls full-time
Application deadline: Priority Deadline: February 1

Pace University provides aids at an average of 33012 per student meeting 71% of students need. 100% of students with need receive financial aid at an average of 28871 need-based grant. They also provide other scholarships including Alpha Beta Gamma Scholarship and CARL & LILY PFORZHEIMER ENDOWED FUND.