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

Alfond Scholars Program
Total Worth: 64230 per year
Eligibility: 64230 per year
Requirement for maintenance: a 3.33 GPA and completion of 24 credit hours each year
Separate application needed: Yes
Application deadline: Noveber 1

Alonzo Rollins Scholarships
Total Worth: up to 27,000 per year
Eligibility: up to 27,000 per year
Requirement for maintenance: a 3.0 GPA and completion of 24 credit hours each year
Separate application needed: No

Presidential Scholarships
Total Worth: up to 24,000 per year
Eligibility: up to 24,000 per year
Requirement for maintenance: a 2.8 GPA and completion of 24 credit hours each year
Separate application needed: No

Rollins College provides aids at an average of 40560 per student meeting 81% of students need. 99% of students with need receive financial aid at an average of 35408 need-based grant. They also provide other scholarships including Athletic Scholarships and Music Scholarships.