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

Ignatian Religious Leadership Award
Total Worth: $12,000 per year
Eligibility: $12,000 per year
Minimum Criteria: Must be admitted to fall semester
Requirement for maintenance: Minimum of 3.0 GPA
Separate application needed: Yes
Application deadline: Priority Deadline: 26 January

Honors Scholarship
Total Worth: $5,000 per year
Eligibility: $5,000 per year
Minimum Criteria: Must be admitted to Honors Program
Separate application needed: No
Application deadline: Priority Deadline: 5 March

Irish Community Scholarship
Minimum Criteria: Excellent academics and financial need
Requirement for maintenance: Minimum of 3.0 GPA
Separate application needed: Yes
Application deadline: Priority Deadline: 15 March

Regis University provides aids at an average of 32981 per student meeting 86% of students need. 100% of students with need receive financial aid at an average of 23634 need-based grant. They also provide other scholarships including Athletic Scholarships and Music Scholarship.